Taxation Administration Act 1953

The Commissioner may issue a commutation authority under this section to one or more *superannuation income stream providers under this section if:

a commutation authority (the original commutation authority) was issued under section 136‑55; and

the *superannuation income stream provider to which the original commutation authority was issued:

paid a *superannuation lump sum that fell short of the reduction amount stated in the original commutation authority; or

did not comply with the original commutation authority.

A commutation authority issued under this section must include the matters set out in subsection 136‑55(5).

The Commissioner may issue a commutation authority under this section to any *superannuation income stream provider of a *superannuation income stream of which you are the *retirement phase recipient.

The total of all reduction amounts stated in commutation authorities issued under this section relating to an *excess transfer balance determination must not exceed the difference between:

the commutable amount mentioned in subsection 136‑55(1); and

the sum of:

any *superannuation lump sums notified to the Commissioner under section 136‑85 in respect of the determination; and

any *transfer balance debits arising in your *transfer balance account under item 5 of the table in subsection 294‑80(1) of the Income Tax Assessment Act 1997 because of any original commutation authority.