Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_4:p1
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 1/6)
Character Range: 1022016–1024968

4                                      a *first home super saver determination                                                        the *FHSS maximum release amount stated in that determination

 (2) However, for an amended determination or assessment, reduce the relevant amount referred to in the above table by any amount released under this Subdivision for an earlier determination or assessment of that kind that you are given for the *financial year or corresponding income year.
 (3) An amendment of a determination or assessment does not affect the validity of a request you make under section 131‑5 before you are given the amended determination or the notice of the amended assessment.

131‑12  Withdrawing or amending your request for a release authority relating to an FHSS determination
 (1) You may, by notifying the Commissioner in the *approved form, withdraw or amend your valid request made under section 131‑5 if:
 (a) your request relates to a *first home super saver determination given to you; and
 (b) in the case of amending your request—you satisfy paragraphs 138‑10(2)(a) and (b); and
 (c) the Commissioner has not already issued a release authority in relation to your request.
 (2) Your amended request is treated as a valid request under section 131‑5 if it complies with subsection 131‑5(2) and paragraphs 131‑5(3)(a) and (c).
 (3) Withdrawing your request does not prevent you from making a later request under section 131‑5 in relation to the *first home super saver determination.

Issuing a release authority to superannuation provider

131‑15  Issuing release authorities

Issuing in response to a valid request
 (1) If you make a valid request under section 131‑5, the Commissioner must issue a release authority to each *superannuation provider that holds a *superannuation interest identified in the request.

Issuing if you do not make a valid request in response to an excess non‑concessional contributions determination etc.
 (2) If:
 (a) on a particular day, the Commissioner issues you with:
 (i) an *excess non‑concessional contributions determination for a *financial year; or
 (ii) a notice to which paragraph 131‑5(4)(b) applies for such a determination; and
 (b) within 60 days after that day, you do not make a valid request under section 131‑5 for that determination;
the Commissioner may issue a release authority to one or more *superannuation providers that hold *superannuation interests for you.

Issuing if you are liable to pay excess non‑concessional contributions tax
 (3) If you are given a notice of an *excess non‑concessional contributions tax assessment for a *financial year, the Commissioner may issue a release authority to one or more *superannuation providers that hold *superannuation interests for you.

Issuing if you have an unpaid amount of assessed Division 293 tax that is not deferred to a debt account
 (4) If:
 (a) for an income year, you are given a notice of assessment