Treasury Laws Amendment (2023 Measures No. 3) Act 2023 (75 of 2023)

Schedule 4   Improving the flexibility of the First Home Super Saver Scheme

Taxation Administration Act 1953

23   After subsection 138-10(2B) in Schedule 1

Insert:

(2C) This subsection applies for you if:

(a) you have not previously made a valid request for a release authority under Division 131 in relation to a *first home super saver determination made in relation to you; or

(b) one of the following subparagraphs applies for each of your previous valid requests for such a release authority:

(i) you have withdrawn the request;

(ii) the Commissioner has revoked the release authority issued in relation to the request (whether or not the release authority had previously been varied);

(iii) after one or more amendments of the request, you have withdrawn the latest of those amended requests;

(iv) the Commissioner has revoked the release authority issued in relation to the latest of one or more amendments of the request (whether or not the release authority had previously been varied).

Making a first home super saver determination etc.