TAXATION ADMINISTRATION ACT 1953
Note: See section 3AA .Chapter 3 - Collection, recovery and administration of other taxes
If you make a valid request under section 131-5 , the Commissioner must issue a release authority to each *superannuation provider that holds a *superannuation interest identified in the request. Issuing if you do not make a valid request in response to an excess non-concessional contributions determination etc. 131-15(2)
(a) on a particular day, the Commissioner issues you with:
(i) an *excess non-concessional contributions determination for a *financial year; or
(ii) a notice to which paragraph 131-5(4)(b) applies for such a determination; and
(b) within 60 days after that day, you do not make a valid request under section 131-5 for that determination;
the Commissioner may issue a release authority to one or more *superannuation providers that hold *superannuation interests for you.Issuing if you are liable to pay excess non-concessional contributions tax 131-15(3)
If you are given a notice of an *excess non-concessional contributions tax assessment for a *financial year, the Commissioner may issue a release authority to one or more *superannuation providers that hold *superannuation interests for you. Issuing if you have an unpaid amount of assessed Division 293 tax that is not deferred to a debt account 131-15(4)
(a) for an income year, you are given a notice of assessment of an amount of *Division 293 tax that is not *deferred to a debt account for a *superannuation interest; and
(b) on the 60th day after the day the Commissioner issues that notice, the sum of the following falls short of that amount of tax:
(i) any payments of that tax for the income year that you have already made;
(ii) any amounts that have already been released under this Subdivision for that assessment;
the Commissioner may issue a release authority to one or more *superannuation providers that hold superannuation interests for you.
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