Taxation Administration Act 1953
Note: See section 3AA .
Chapter 3 - Collection, recovery and administration of other taxesSECTION 133-140 END BENEFIT NOTICE - SUPERANNUATION PROVIDER 133-140(1)
If the * end benefit becomes payable from a * superannuation interest for which the Commissioner keeps a debt account, the * superannuation provider in relation to the interest must give the Commissioner a notice stating: (a) unless subsection (1A) applies - the amount of the end benefit cap mentioned in subsection 133-120(2) for the superannuation interest; and (b) the expected date of payment of the benefit.
Note:
If a person is dissatisfied with a notice given to the Commissioner under this subsection, the person may make a complaint under the AFCA scheme (within the meaning of the Corporations Act 2001 ).
133-140(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.
133-140(2)
The notice must be given within 14 days after the earlier of: (a) the * superannuation provider receiving a request (if any) to pay the * superannuation benefit; and (b) the superannuation benefit becoming payable.
133-140(3)
However, this section does not apply if the * superannuation provider has not been given a notice under section 133-75 saying that the Commissioner has started to keep a debt account for the * superannuation interest.
133-140(4)
A notice under this section must be given in the * approved form.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.