Document ID: chunk:federal_register_of_legislation:C2018C00085:clause:1_29
Version: federal_register_of_legislation:C2018C00085
Segment Type: clause
Provision Reference: sch 1 cl 29
Character Range: 32276–32997

29  After section 96‑10 in Schedule 1
Insert:

96‑12  Release authorities for elections under section 96‑7
 (1) The Commissioner must issue one or more release authorities under this section if you make a valid election under paragraph 96‑7(1)(a).
 (2) A release authority may be issued to:
 (a) a *superannuation provider identified in the election; or
 (b) any other superannuation provider who holds one or more *superannuation interests for you.
 (3) Each release authority must:
 (a) state the total amount to be released by the *superannuation provider from *superannuation interests held by the provider for you; and
 (b) be dated; and
 (c) contain any other information that the Commissioner considers relevant.