(1) The Commission may decide, in writing, to write off a debt due to the Commonwealth under this Act.
Note: If the Commission writes off a debt, this means an administrative decision has been made that, in the circumstances, there is no point in trying to recover the debt. In law, however, the debt still exists and may later be pursued.
(2) The decision takes effect:
(a) on the day set out in the decision (which may be before, on or after the day the decision is made); or
(b) if no day is set out in the decision--on the day the decision is made.