16Closing of accounts

#### 16 Closing of accounts The Commissioner of Taxation may close an individual’s account if the balance of the account is nil and: (a) the balance of the account was nil throughout the preceding period of 2 years; or (b) the balance of the account has been withdrawn under section 61, 65, 65A, 66, 67, 67A or 91E; or (c) the individual has died; or (d) the individual asks the Commissioner of Taxation to close the account; or (e) the balance of the account has been debited from the Special Account under Part 9 (which deals with inactive accounts). > Note 1: Section 61 deals with individuals who request transfer of account balances to RSAs or superannuation funds. > Note 2: Section 65 deals with individuals who retire because of disability. > Note 2A: Section 65A deals with individuals in relation to whom terminal medical conditions exist. > Note 3: Section 66 deals with individuals who have turned 65. > Note 4: Section 67 deals with individuals who are not Australian residents for income tax purposes etc. > Note 5: Section 67A deals with individuals who have permanently departed from Australia. > Note 6: Section 91E deals with debiting of accounts to recover overpayments of Government co‑contributions.