Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_5:p1
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 5 (pt 1/3)
Character Range: 1014686–1018269

5                unincorporated *Group Entity of an *Applicable MNE Group that is not a trust or a *GloBE partnership                                                             each Group Entity of the Applicable MNE Group:
                                                                                                                                                                                  (a) to which a portion of the unincorporated Group Entity's assets, income, expenses, cash flows and liabilities belong; or
                                                                                                                                                                                  (b) that is a member of the committee of management of the unincorporated Group Entity

Subdivision 128‑C—Miscellaneous

Table of sections

Operative provisions
128‑30 Provisions do not apply to GloBE Excluded Entities
128‑35 Joint and several liability does not extend to GloBE Securitisation Entities

Operative provisions

128‑30  Provisions do not apply to GloBE Excluded Entities
  A reference in this Division to a *Group Entity does not include a reference to a *GloBE Excluded Entity.

128‑35  Joint and several liability does not extend to GloBE Securitisation Entities
 (1) For the purposes of paragraph 128‑5(1)(b), treat a *Group Entity that is a *GloBE Securitisation Entity as being a Group Entity excluded by subsection 128‑5(2).
 (2) For the purposes of subsection 128‑10(2), treat a *Group Entity that is a *GloBE Securitisation Entity as being an Entity excluded by subsection 128‑10(3).

Part 3‑20—Superannuation

Division 131—Releasing money from superannuation

Table of Subdivisions
131‑A Releasing money from superannuation

Subdivision 131‑A—Releasing money from superannuation

Guide to Subdivision 131‑A

131‑1  What this Subdivision is about

      You may request the Commissioner to require the release of an amount from your superannuation interests if you are given:
             (a) an excess concessional contributions determination or excess non‑concessional contributions determination; or
             (b) a notice of assessment of an amount of Division 293 tax; or
             (c) a first home super saver determination.
      The Commissioner may also require the release of an amount from your superannuation interests in related circumstances.
      Superannuation providers must usually pay the amount required to be released. However, for defined benefit superannuation interests the provider may choose whether or not to pay.
      Released amounts are paid to the Commissioner. You get a credit for the released amount. Surplus credits are refunded to you under Division 3A of Part IIB.

Table of sections

Requesting a release authority
131‑5 Requesting the release of amounts from superannuation interests
131‑10 Restrictions on the total amount you can request to be released
131‑12 Withdrawing or amending your request for a release authority relating to an FHSS determination

Issuing a release authority to superannuation provider
131‑15 Issuing release authorities
131‑20 Amount to be stated in a release authority
131‑25 Contents of a release authority
131‑30 Varying or revoking a release authority

Complying with a release authority
131‑35 Obligations of superannuation providers
131‑40 Voluntary compliance with a release authority relating to defined benefit interests
131‑45 Meaning of maximum available release amount
131‑50 Notifying Commissioner
131‑55 Notifying you
131‑60 Compensation for acquisition of property