Automatic Enrolment Retirement Savings System Act 2024 section 141

Recovery of moneys

Section 141 provides that the National Automatic Enrolment Retirement Savings Authority may recover amounts owed under certain sections of the Act as a simple contract debt through the courts.

• The Authority may pursue recovery of amounts due under sections 131, 138 and 139 of the Act.
• Recovery is by way of a simple contract debt action, using the ordinary civil court process rather than any special statutory mechanism.
• Proceedings may be brought in any court of competent jurisdiction, with the appropriate court depending on the amount involved.
• The debt is recoverable from the person by whom it is payable, meaning the person on whom the original obligation fell.