Taxation Administration Act 1953

Sch 1 inserted by No 178 of 1999 (as amended by No 179 of 1999 and No 44 of 2000).

Ch 3 inserted by No 73 of 2006 , s 3 and Sch 5 item 41, effective 1 July 2006.

Pt 3-20 heading substituted by No 81 of 2016, s 3 and Sch 1 item 13, effective 1 January 2017 and applicable on and after 1 July 2017. The heading formerly read:

PART 3-20 - SUSTAINING THE SUPERANNUATION CONTRIBUTION CONCESSION

Pt 3-20 inserted by No 82 of 2013, s 3 and Sch 3 item 2, effective 28 June 2013. No 82 of 2013, s 3 and Sch 3 item 39 contains the following application provision:

39 Application  
(1)
Subject to this item, the amendments made apply to the 2012-13 income year and later income years.

…

No retrospective administrative penalty

(3)
Despite subitem (1), the amendments made do not give rise to a liability to an administrative penalty under section 286-75 in Schedule 1 to the Taxation Administration Act 1953 for failing to do a thing by a particular day, if the day is before the day this Act receives the Royal Assent [ 28 June 2013 ] .

Modification for certain notice provisions

(4)
Despite subitem (1), section 133-75 in Schedule 1 to the Taxation Administration Act 1953 , as inserted, does not require the Commissioner to give a notice before 1 July 2014.

Div 135 inserted by No 82 of 2013, s 3 and Sch 3 item 2, effective 28 June 2013. For application provision, see note under Pt 3-20 heading.

Subdiv 135-C inserted by No 82 of 2013, s 3 and Sch 3 item 2, effective 28 June 2013. For application provision, see note under Pt 3-20 heading.

S 135-85 amended by No 81 of 2016, s 3 and Sch 10 item 37, by substituting " 131-45 " for " 96-30 " in the note, effective 1 July 2018. For application provisions, see note under Div 131 heading.

S 135-85 substituted by No 118 of 2013, s 3 and Sch 1 item 101, effective 29 June 2013. For application, transitional and saving provisions, see note under Pt 2-35 heading. S 135-85 formerly read:

SECTION 135-85 RELEASE AMOUNT  
135-85(1)
The amount is the least of the following amounts:

(a) the amount stated in the release authority, as issued by the Commissioner;

(b) if the individual or Commissioner requests the * superannuation provider, in writing, to pay a specified amount in relation to the release authority - that amount;

(c) the sum of the amounts covered by subsection (2) for each * superannuation interest (other than a * defined benefit interest) held by the superannuation provider for the individual in * superannuation plans.

135-85(2)
The amount covered by this subsection for a * superannuation interest at a particular time is the total amount of all the * superannuation lump sums that could be payable from the interest at that time.

S 135-85 inserted by No 82 of 2013, s 3 and Sch 3 item 2, effective 28 June 2013. For application provision, see note under Pt 3-20 heading.