Tax and Superannuation Laws Amendment (2014 Measures No. 7) Act 2015 (21 of 2015)
Schedule 1 Excess non-concessional superannuation contributions tax reforms
Taxation Administration Act 1953
29 After section 96-10 in Schedule 1
96-12 Release authorities for elections under section 96-7
(1) The Commissioner must issue one or more release authorities under this section if you make a valid election under paragraph 96-7(1)(a).
(2) A release authority may be issued to:
(a) a *superannuation provider identified in the election; or
(b) any other superannuation provider who holds one or more *superannuation interests for you.
(3) Each release authority must:
(a) state the total amount to be released by the *superannuation provider from *superannuation interests held by the provider for you; and
(b) be dated; and
(c) contain any other information that the Commissioner considers relevant.