Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016 (81 of 2016)

Schedule 10   Administrative streamlining

Part 2   End benefit caps

Taxation Administration Act 1953

62   After subsection 133-140(1) in Schedule 1

Insert:

(1A) The notice does not need to state the amount of the end benefit cap if:

(a) the *superannuation provider has already given the Commissioner notice of the end benefit cap under subsection 133-120(2); or

(b) before the end of the period mentioned in subsection (2), the Commissioner has advised the superannuation provider under subsection 133-135(2) that the debt account is not in debit.