Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 283

             (1)  The Inspector-General may remit an amount of interest charge, realisations charge or late payment penalty that is payable but has not been paid if the Inspector-General thinks that:

                     (a)  failure to remit the amount would cause a person undue hardship; and

                     (b)  it is appropriate to remit the amount.

             (2)  The following provisions apply in relation to remissions under subsection (1):

                     (a)  the person liable to pay the charge or penalty may apply for a remission;

                     (b)  an application is to be in writing, setting out the reasons for the application, and is to be made to the Inspector-General;

                     (c)  the Inspector-General's decision on an application is to be in writing;

                     (d)  application may be made to the Administrative Appeals Tribunal for review of a decision to refuse an application, or to remit a lesser amount than was applied for.

Note:          Section 27A of the Administrative Appeals Tribunal Act 1975 requires notification of a decision that is reviewable.