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Completing the compulsory release authority and statement

Compulsory release authority for excess contributions tax and statement privacy notice.

Last updated 6 February 2019

Privacy notice

We are authorised by the Taxation Administration Act 1953 to collect your tax file number (TFN). Your superannuation fund is also authorised to collect your TFN under the Superannuation Industry (Supervision) Act 1993. Your TFN will be used to identify you in our/their records. It is not an offence not to provide your TFN but if you don't there may be a delay processing this form.

Your superannuation fund and the ATO are also authorised under the Income Tax Assessment Act 1997 (ITAA 1997) to collect the information on this form. This information will be used to administer the taxation and superannuation laws. If this information is not collected your superannuation provider would fail to meet their reporting obligations, as set out in Section 292 of the ITAA 1997 which may result in further penalties and interest charges in relation to your excess non-concessional contributions tax.

Section 292 of the ITAA 1997 also authorises the Commissioner to give this information to one or more superannuation providers that hold a superannuation interest (other than a defined benefit interest) for you.

Where authorised by law, we may give this information to other government departments and agencies, including:

  • Department of Education
  • Department of Employment
  • Department of Social Services
  • Services Australia
  • Department of Home Affairs
  • State and Federal Police
  • Australian Securities & Investment Commission
  • Australian Prudential Regulation Authority
  • Australian Bureau of Statistics
  • Reserve Bank of Australia.

We also provide taxpayer information to treaty partners overseas under international tax agreements.

Our privacy policy contains important information about your privacy, including information about how you can access and seek correction of information we hold about you, how to make a complaint if you think we have breached the Australian Privacy Principles and how we will deal with any privacy complaints.

For more information about privacy or if you believe your privacy has been compromised:

  • Phone our Privacy Hotline on 1300 661 542
  • write to us at the address below.

Australian Taxation Office
GPO Box 9990
[insert the name and postcode of your capital city]

For example;

Australian Taxation Office
GPO Box 9990
SYDNEY NSW 2001

See also:

QC39194