Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
PART 3-20
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SUPERANNUATION
Division 134
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Division 296 tax
Subdivision 134-C
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Compulsory payment
Division 296 end benefit
SECTION 134-140 DIVISION 296 END BENEFIT NOTICE - SUPERANNUATION PROVIDER 134-140(1)
If the * Division 296 end benefit becomes payable from a * superannuation interest for which the Commissioner keeps a * Division 296 debt account, the * superannuation provider in relation to the interest must give the Commissioner a notice stating the expected date of payment of the benefit.
134-140(2)
The notice must be given within 14 days after the earlier of: (a) the * superannuation provider receiving a request (if any) to pay the * superannuation benefit; and (b) the superannuation benefit becoming payable.
134-140(3)
However, this section does not apply if the * superannuation provider has not been given a notice under section 134-75 saying that the Commissioner has started to keep a * Division 296 debt account for the * superannuation interest.
134-140(4)
A notice under this section must be given in the * approved form.
View history note
Hide history noteNote: See section 3AA .
Chapter 3 - Collection, recovery and administration of other taxesSECTION 134-140 DIVISION 296 END BENEFIT NOTICE - SUPERANNUATION PROVIDER 134-140(1)
If the * Division 296 end benefit becomes payable from a * superannuation interest for which the Commissioner keeps a * Division 296 debt account, the * superannuation provider in relation to the interest must give the Commissioner a notice stating the expected date of payment of the benefit.
Note:
If a person is dissatisfied with a notice given to the Commissioner under this subsection, the person may make a complaint under the AFCA scheme (within the meaning of the Corporations Act 2001 ).
134-140(2)
The notice must be given within 14 days after the earlier of: (a) the * superannuation provider receiving a request (if any) to pay the * superannuation benefit; and (b) the superannuation benefit becoming payable.
134-140(3)
However, this section does not apply if the * superannuation provider has not been given a notice under section 134-75 saying that the Commissioner has started to keep a * Division 296 debt account for the * superannuation interest.
134-140(4)
A notice under this section must be given in the * approved form.
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