The power to levy the tax was transferred to the states in 1990, except for Norfolk Island which did not charge it.
The financial institutions duty was also abolished as part of this package.
The tax was based on the amount withdrawn, and varied by state.
A total of about $1 billion per year was being collected near the end of its full operation in 2001 (according to the Australian Bankers' Association).
However, since the issue may have dated back to the 31 December 1982 introduction of the tax, there were insufficient records to identify all affected customers.