(1) If:
(a) a recoverable amount has not been wholly paid to the Commonwealth; and
(b) the right of the Commonwealth to recover the outstanding amount has not been waived under paragraph 206(1)(b);
the Commission must give the person to whom, or on whose account, the recoverable amount was paid a notice specifying:
(c) the date on which it was issued (the date of the notice ); and
(d) the reason the outstanding amount was incurred, including a brief explanation of the circumstances that led to the outstanding amount being incurred; and
(e) the period to which the outstanding amount relates; and
(f) the outstanding amount at the date of the notice; and
(g) the day on which the outstanding amount is due and payable; and
(h) that a range of options is available for repayment of the outstanding amount; and
(i) the contact details for inquiries concerning the outstanding amount.
(2) The outstanding amount is due and payable on the 28th day after the date of the notice.
(3) If the recoverable amount has not been wholly paid and:
(a) the person has failed to enter into an arrangement with the Commission to pay the outstanding amount; or
(b) the person has entered into such an arrangement with the Commission but has failed to make a payment in accordance with the arrangement or, if the arrangement has been amended, in accordance with the arrangement as amended;
the Commission may give to the person a further notice specifying:
(c) the date on which it was issued (the date of the further notice ); and
(d) the matters mentioned in paragraphs (1)(d) to (i); and
(e) the effect of section 205AAB and 205AAD; and
(f) how the interest under section 205AAB is to be calculated.
(4) A notice given under subsection (1) may also specify the matters mentioned in paragraphs (3)(e) and (f) and, if it does so, it is taken also to be a further notice given under subsection (3).