Taxation Administration Act 1953
Note: See section 3AA .
Chapter 3 - Collection, recovery and administration of other taxesSECTION 136-50 WHAT THIS SUBDIVISION IS ABOUT
The Commissioner must issue a commutation authority to a superannuation income stream provider, unless you have notified the Commissioner that you have already reduced your excess transfer balance by the crystallised reduction amount.
A superannuation income stream provider will usually be required to commute the superannuation income stream stated in the authority.
Obligations of Commissioner | |
136-55 | Issuing of commutation authorities |
136-60 | Varying and revoking a commutation authority |
136-65 | Issuing further commutation authorities |
136-70 | Notifying of non-commutable excess transfer balance |
Obligations of superannuation income stream providers | |
136-80 | Obligations on superannuation income stream providers |
136-85 | Notifying the Commissioner |
136-90 | Notifying you |
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