If you have found a name on ASIC's unclaimed money search that is relevant to you and the money is listed as 'Company money' or 'Company gazette', here's how to claim it.
How to claim lost shares and investments held by ASIC
This is how you would claim money listed in an unclaimed money search as 'Company money' if you are claiming as:
- an individual
- a joint shareholder
- an executor of a deceased estate
- a director, secretary or liquidator of a registered company
- a proprietor of a registered business
- a trustee of a superannuation fund or trust fund
- a parent or guardian of a minor or person holding power of attorney
How long your claim will take
It takes ASIC 60 days to process your claim from the date we receive your request. If you are outside Australia the process will be longer as we will have to mail the cheque to you.
Why we ask for proof of ownership
We ask you to give us specific documents when you claim money to make sure that we give the money to the right person. These documents prove your identity and that you own or are entitled to the unclaimed money. Unfortunately, identity theft is common so ASIC's job is to ensure the money gets to the rightful owner.
The claims process
Step 1 — Record your Original Transaction Number (OTN)
Note down the Original Transaction Number (OTN) as you will need to quote your OTN on the claim form in Step 2.
Step 2 — Complete the claim form
(a) Download the How to claim your money form and gather the required documents if you are claiming the money as:
- an individual (including joint shareholders)
- the director(s) or secretary of a registered company
- a liquidator of a registered company
- a proprietor of a registered business or
- the parent of a minor
or
(b) Download the How to claim money form for representatives and gather the required documents if you are claiming the money as the:
- executor or administrator of a deceased estate
- trustee of a superannuation fund or trust fund
- power of attorney (POA) or
- guardian appointed by the court
Step 3 — Send the claim form and documents to ASIC
Send the claim form and documents to ASIC as per the instructions on page 4 of your claim form.
Step 4 — ASIC processes your claim
Once we receive your claim it will take about 60 days to process.
How to claim lost shares and investments held by the company
This is how you would claim money or shares listed in an unclaimed money search as 'Company Gazette'.
The reason you claim this money in a different way is because the company has sent details of the money to ASIC (name and the unclaimed amount), but not the money itself. This could include money or shares from a takeover.
The claims process
Step 1 — Search the ASIC gazette
You need to do this to get contact information for the company that originally held the shares.
Step 2 — Contact the company
The company can tell you how to claim the money or shares. Companies will often use a 'share registry' to do this.
If you can't find the company's contact details, visit ASIC: do you have a question to send us a message. Then we will send the company's details to you.
How to claim money owed to a deregistered company
What happens when a company is deregistered
Ordinarily as a result of deregistration:
- all property the company held on trust at deregistration belongs to the Commonwealth
- all non-trust property the company owned at deregistration belongs to ASIC
- ASIC is the only party legally able to deal with the company's property
For more information, see effects of deregistration on the ASIC website.
Looking for money from a bank account in the name of a deregistered company
Currently, a number of banks are submitting bank accounts to ASIC that were held in the name of a deregistered company. If your deregistered company name does not appear when you do an unclaimed money search, ASIC has not yet received the funds.
It is the responsibility of the bank to remit the funds to ASIC. Please contact your bank to find out when they are going to send the funds to ASIC.
ASIC's records are updated daily, so please continue to check for the deregistered company money. ASIC may request that the company be reinstated to make a claim.
For more information, see deregistered company bank accounts on the ASIC website.
Found your deregistered company name on the unclaimed money search
If you have found a record on an unclaimed money search in the name of a deregistered company, consider reinstating the company. We may request reinstatement to claim the company money.
If the costs of reinstatement are more than the funds held by ASIC, or if the amount held is of low value, ASIC may approve a claim if the company was solvent at the time of deregistration and the company did not owe any creditors, did not have any security interests registered on the Personal Property and Securities Register and you are the owner of the shares. However, ASIC assesses claims on a case-by-case basis.
If this applies all former shareholders should make a claim by completing this Statutory declaration for claims by shareholders of deregistered companies and provide the requested documentation.
Do not complete this statutory declaration if the company was in a court ordered or creditor's voluntary liquidation before it was deregistered. To be able to claim the funds, you will need to arrange for the company to be reinstated and a liquidator appointed to distribute the funds.
Help with deregistered company claims
If you are unsure whether to complete the statutory declaration or reinstate the company please email or write to ASIC:
Unclaimed Money Unit
ASIC
GPO Box 9827, Melbourne VIC 3001
Email: [email protected]
Please give us the following details:
- name of the deregistered company and the ACN
- Original Transaction Number (OTN) from the unclaimed money search
- name and contact information for former members (current address details).
- reasons why you think you don't need to reinstate your company
Purchasing property registered in the name of a deregistered company
If you are interested in purchasing property registered in the name of a deregistered company, you can apply to the ASIC Property Law Group. For more information, see list of property to purchase on application to ASIC.
How to claim money owed to a deregistered company acting as trustee for a trust or superannuation fund
If you have found a record on an unclaimed money search in the name of a deregistered company acting as trustee for a trust or superannuation fund, there are a number of considerations as to who can make a claim.
The superannuation fund must be registered as a complying fund with the Australian Taxation Office before we can pay the money to the trustee of the superannuation fund. Visit Super Fund Lookup to check the status of the superannuation fund.
Was a new trustee appointed before the company was deregistered?
The new trustee can submit a claim following this process.
The claims process
Step 1 — Record your Original Transaction Number (OTN)
Note down the Original Transaction Number (OTN) as you will need to quote your OTN on the claim form in Step 2.
Step 2 — Complete the claim form
If you are claiming the money as the trustee of a superannuation fund or trust fund, download the How to claim money form for representatives.
Step 3 — Send the claim form and documents to ASIC
Send the claim form and documents to ASIC as per the instructions on page 1 of your claim form.
Step 4 — ASIC processes your claim
Once we receive your claim and all the documents we require, it will take about 60 days to process.
Is the trust or superannuation fund still operating but a new trustee has not been appointed?
You will need to consider reinstating the company as the trust or superannuation fund must have a trustee. When the company is reinstated, you can complete the How to claim money form for representatives.
Has the trust vested or the superannuation fund been wound up?
You need to provide information so we can ascertain the possible beneficiaries of the trust/superannuation fund. Please email the following information to [email protected]
- name of the deregistered company
- ACN of the deregistered company
- name of the trust or superannuation fund
- ABN of the trust or superannuation fund
- Original Transaction Number (OTN) from the unclaimed money search
- written statement advising that the trust has vested or the superannuation fund has been wound up
- list of all beneficiaries of the trust. If the funds held by ASIC relate to a superannuation fund, list all of the beneficiaries and whether they have reached the preservation age
- certified copy of the trust deed for the trust/superannuation fund
- certified copy of any amendments to the trust/superannuation fund
- certified copies of all winding up documents (e.g. final tax return lodged with ATO, minutes of the meeting held by the trustee, bank statements or documentation detailing the distribution of the trust assets)
We will review the information you supply and provide further information on how to claim.
How to claim money owed to a deregistered business
If you have found a record on an unclaimed money search in the name of a deregistered business, the former proprietors of the business at the time of deregistration may be entitled to claim.
Please email [email protected] providing the following information:
- details of the record being claimed, including the OTN (original transaction number)
- verification of former proprietors of the deregistered business (e.g. business name extract at the time of deregistration)
How to claim money for someone who died without a will
If the record you have located on an unclaimed money search is owed to someone who died without a will or probate it is considered that they died intestate.
To claim money on behalf of someone in this situation you need to confirm the following information:
- There was no will — State succession laws will apply if there was no will and beneficiaries of the estate may be entitled to the funds.
- No probate was granted — Contact the probate registry in the state the person died to confirm this.
In some cases you may also need to apply to court to have an administrator appointed to deal with the deceased estate property.
To make an initial claim you will need to provide the following information to ASIC:
- names of the beneficiaries (children and spouse/defacto of the deceased)
- the value of the estate
- the place and date of death
- the deceased's usual place of residence
- confirmation from Probate Office that no Probate or Letters of Administration have been granted on the estate
Please email this information to: [email protected]
After we have received your email, we will advise you of our requirements to make a claim.
Having trouble finding proof of address
To make a claim you will need to provide a certified copy of an official notice addressed to you at the postal address that appears on the unclaimed money record, whether that is your current or a former address. This proof helps ASIC determine if you are the rightful owner.
Here are some examples of an official notice that ASIC will accept:
- dividend advice or takeover notice (from any company)
- bank statement
- council rates notice
- government correspondence
- utilities bill
- birth, marriage or death certificate of a relative (as long as you can prove kinship)
- certificates or academic results
ASIC reserves the right to request original documentation. Please retain any original proof of address documents until your claim has been processed.
ASIC will also accept official documents that you can request from other organisations, as long as the document includes the date of birth and address as it appears on the unclaimed money record:
- electoral roll confirmation letter — contact the Australian Electoral Commission (If you ask the AEC for this information about another person they will not give it to you. They will only give you this information if it is about yourself.)
- transport authority confirmation letter — contact the department of transport in your state or territory
- Centrelink confirmation letter
- bank or financial institution confirmation letter
Alternatively, if the address on your unclaimed money record was for a business or company, you can provide ASIC with a document from that business (showing the address as it appears on the unclaimed money record).