135-90
CurrentHow the Commissioner applies amounts received under a release authority
Volume 2Schedule 1, Chapter 2, Part 2-10 to Chapter 4, Part 4-25 (sections 45-1 to 298-110)
Schedule 1Collection and recovery of income tax and other liabilities
Chapter 3Collection, recovery and administration of other taxes
Part 3-20Superannuation
Division 135Releasing money from superannuation
Subdivision 135-CRelease of superannuation money under a release authority
135-90 How the Commissioner applies amounts received under a release authority
If the Commissioner receives a payment under a release authority, it is taken for the purposes of Part IIB to have been received in respect of a current or anticipated tax debt of the individual.
Note:
Part IIB is about running balance accounts and the application of payments and credits.
This Act’s bill:Second reading speech
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