Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Commissioner may decide to release you from any existing or future liability to pay * Division 293 tax or * debt account discharge liability if:
(a) you become entitled to a refund under section 293 - 230; or
(b) you would become entitled to such a refund, if you were to pay the liability and paragraph 293 - 230(c) were disregarded.
(2) The Commissioner may take such action as is necessary to give effect to a decision under subsection (1).
Table of Subdivisions
Guide to Division 294
294 - A Object of this Division
294 - B Transfer balance account
294 - C Transfer balance debits
294 - D Modifications for certain defined benefit income streams
294 - E Modifications for death benefits dependants who are children
294 - F Excess transfer balance tax