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Grant Award View - GA73723
Paying compensation owed to consumers and small businesses from legacy...
GA ID:
GA73723
Agency:
Department of the Treasury
Approval Date:
5-Apr-2020
Publish Date:
7-Apr-2020
Category:
Small Business
Grant Term:
5-Apr-2020 to 5-Apr-2020
Value (AUD):
$609,681.10
(GST inclusive where applicable)
Original:
$631,543.50
Variations:
- GA73723-V1 - Correction to value awarded (19-Oct-2020 )
One-off/Ad hoc:
No
Aggregate Grant Award:
Yes
Aggregate Reason:
Finance Minister Exemption
Number of Awards Aggregated:
5
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
Internal Reference ID:
EDR82464, EDR82504, EDR82519, EDR82520, EDR82522
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