Taxation Administration Act 1953

If the condition mentioned in column 1 of an item in the following table is satisfied:

the Commissioner must issue you with a release authority under that item; and

you have a release entitlement:

equal to the amount mentioned in column 2 of that item; and

arising at the time mentioned in column 3 of that item.

A release authority issued under item 3 of the table can only be given to the superannuation provider that holds the superannuation interest to which the debt account relates: see subsection 135‑40(3).

A release authority must:

state the amount of the *release entitlement in respect of which it is given; and

be dated; and

contain any other information that the Commissioner considers relevant.

The Commissioner may at any time issue you with a further release authority in respect of a *release entitlement if:

the Commissioner is satisfied that it is reasonable in the circumstances to do so; and

the Commissioner has issued you with an earlier release authority in respect of that release entitlement.

For variation and revocation of release authorities, see subsection 33(3) of the Acts Interpretation Act 1901.

To avoid doubt, this section does not require or permit the Commissioner to issue a release authority to the trustee of a deceased estate.