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Grant Award View - GA64504

Paying compensation owed to consumers and small businesses from legacy...

Contact Details

Tess Dempsey

Phone:
0884064764

Email Address:

GA ID:
GA64504
Agency:
Department of the Treasury
Approval Date:
2-Dec-2019
Publish Date:
3-Dec-2019
Category:
Small Business
Grant Term:
2-Dec-2019 to 2-Dec-2019
Value (AUD):
$576,285.01 (GST inclusive where applicable)

Ad hoc/One-off:
No
Aggregate Grant Award:
Yes
Aggregate Reason:
Finance Minister Exemption
Number of Awards Aggregated:
6

PBS Program Name:
DoT 19/20 Paying Legacy Unpaid External Dispute Resolution Determination Program
Grant Program:
Paying Legacy Unpaid External Dispute Resolution Determination program
Grant Activity:
Paying compensation owed to consumers and small businesses from legacy unpaid external dispute resolution determinations.
Purpose:

The program pays individual and small business consumers the value of the award (inclusive of interest) not paid by a financial service provider that has failed or fails to comply with a determination made under the Terms of Reference for the Financial Ombudsman Service or the Credit and Investments Ombudsman Rules, because the financial service provider is now bankrupt or under external administration, or has been deregistered or wound up.


GO ID:
GO Title:
Paying Legacy Unpaid External Dispute Resolution Determination program
Selection Process:
Demand Driven

Confidentiality - Contract:
No
Confidentiality - Outputs:
No

Grant Recipient Details

Recipient Name:
Multiple
Recipient ABN:
-

Grant Recipient Location

State/Territory:
National
Country:
AUSTRALIA

Grant Delivery Location

State/Territory:
National
Postcode:
Multiple
Country:
AUSTRALIA

Contact Details

Tess Dempsey

Phone:
0884064764

Email Address: