Document ID: chunk:federal_register_of_legislation:C2012A00075:clause:4_2:p2
Version: federal_register_of_legislation:C2012A00075
Segment Type: clause
Provision Reference: sch 4 cl 2 (pt 2/3)
Character Range: 21053–24019

no excess concessional contributions for the financial year.
 (3) The Commissioner may vary the determination at any time before receiving a payment made in accordance with subsection 292‑420(4) in relation to the amount, if the Commissioner is satisfied that the person to whom the determination relates has *excess concessional contributions for the *financial year not greater than $10,000.
 (4) The Commissioner may vary the determination at any time after receiving a payment made in accordance with subsection 292‑420(4) in relation to the amount, if the Commissioner is satisfied that the person to whom the determination relates has *excess concessional contributions for the *financial year:
 (a) greater than the amount of the excess concessional contributions mentioned in the determination; and
 (b) not greater than $10,000.
 (5) The Commissioner cannot otherwise vary or revoke the determination.
 (6) The Commissioner must issue to the person to whom the determination relates written notice of:
 (a) the variation or revocation of the determination; or
 (b) a decision of the Commissioner not to vary or revoke the determination, if the person requested the variation or revocation.
 (7) If the determination is varied:
 (a) the determination as varied has effect, for all purposes other than this subsection and subsection (8) of this section, as if it were a determination under section 292‑467; and
 (b) subsections 292‑467(4), (5) and (6) apply in relation to the determination as varied; and
 (c) the Commissioner may issue another release authority in accordance with section 292‑420 in relation to the determination as varied; and
 (d) that other release authority has effect, for all purposes other than this subsection, as if it were issued under section 292‑420.
 (8) Despite paragraph 292‑420(2)(a), the release authority issued as mentioned in paragraph (7)(c) of this section must state the difference between:
 (a) the amount stated in the determination as in force just before the variation; and
 (b) 85% of the *excess concessional contributions as varied.
 (9) The amount of *excess concessional contributions covered by a determination to which this section applies is disregarded for the purposes of applying Subdivision 292‑E in relation to the person to whom the determination relates if the Commissioner is satisfied that:
 (a) the person has excess concessional contributions greater than $10,000 for the *financial year to which the determination relates; and
 (b) the determination cannot be varied or revoked under this section.

292‑469  Objections against determinations etc.
  If you are dissatisfied with:
 (a) a determination of the Commissioner under section 292‑467; or
 (b) a determination of the Commissioner under that section as varied in accordance with section 292‑468; or
 (c) a decision of the Commissioner to revoke a determination under section 292‑467 in accordance with section 292‑468; or
 (d) a decision