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 136
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Transfer balance cap
Subdivision 136-A
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Excess transfer balance determinations
Operative provisions
SECTION 136-25 NOTIFYING COMMISSIONER OF TRANSFER BALANCE DEBITS 136-25(1)
This section applies to you if you have received an *excess transfer balance determination.
136-25(2)
You may notify the Commissioner in the *approved form of the amount of a *transfer balance debit that arises in your *transfer balance account if the debit arises in the period:
(a) beginning when the determination is made; and
(b) ending at the earlier of:
View history note
Hide history noteNote: See section 3AA .
Chapter 3 - Collection, recovery and administration of other taxesSECTION 136-25 NOTIFYING COMMISSIONER OF TRANSFER BALANCE DEBITS 136-25(1)
This section applies to you if you have received an *excess transfer balance determination.
136-25(2)
You may notify the Commissioner in the *approved form of the amount of a *transfer balance debit that arises in your *transfer balance account if the debit arises in the period:
(a) beginning when the determination is made; and
(b) ending at the earlier of:
(i) the time you made an election under section 136-20 ; and
(ii) the end of the period within which an election under section 136-20 may be made.
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