TAXATION ADMINISTRATION ACT 1953
Note: See section 3AA .Chapter 3 - Collection, recovery and administration of other taxes
The amount to be released from one or more *superannuation interests under a release authority issued under section 131-15 must be:
(a) for a release authority issued under subsection 131-15(1) - the amount stated in the request; or
(b) otherwise - worked out so that the total amount stated for all release authorities for the applicable determination or assessment does not exceed:
(i) for a release authority issued under subsection 131-15(2) - the *total release amount stated in the determination referred to in that subsection; or
(ii) for a release authority issued under subsection 131-15(3) or (4) - the amount of tax stated in the assessment referred to in that subsection.
For the purposes of paragraph (1)(b), disregard an amount stated in another release authority to the extent that a notice given under subsection 131-50(2) states that the amount will not be paid.
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