Completing the compulsory release authority and statement

How to complete the Compulsory release authority for excess contributions tax and statement is available in Portable Document Format (PDF). Download a PDF of Completing the compulsory release authority and statement (NAT 71429, PDF, 376KB) which includes a sample of the form.

About this authority

You have received this compulsory release authority because we have issued you with an excess non-concessional contributions tax assessment.

You must use it to authorise your super fund (other than a defined benefit interest fund) to withdraw funds from your super account equal to the assessed amount of excess non-concessional contributions tax.

You must complete sections A, B and C of this authority and send it to your super fund within 21 days of the issue date. Do not send the form to us. Your super fund will forward the form to us after they have completed sections D and E.

If your fund does not receive the authority within 21 days of the issue date, we may charge you penalties. If you do not send the authority to your super fund within 21 days of the issue date, we may contact your super fund directly and authorise it to withdraw funds from your super account equal to the assessed amount of excess non-concessional contributions tax.

If you have a defined benefit interest fund You cannot use this authority to withdraw an amount from a defined benefit interest fund. However, you can use it to withdraw an amount from other types of super funds even if you did not make contributions to that super fund during the year. If all your super is in a defined benefit interest fund, you cannot use this authority. You must pay the excess non-concessional contributions tax from other sources.

This authority is only valid for 90 days after the issue date.