Commonwealth Numbered Acts

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STUDENT ASSISTANCE AMENDMENT ACT 1991 No. 95, 1991 - SECT 14

Determination that late payment interest not to be payable in relation to particular periods
14. Section 41 of the Principal Act is amended:

   (a)  by omitting subsection (1) and substituting the following subsection:

"(1) The Minister or a prescribed officer may, in writing, determine that:

   (a)  an additional amount otherwise payable by a person under paragraph 40
        (2) (a); or

   (b)  interest otherwise payable by a person in respect of a certain period
        under paragraph 40 (2) (b); is not payable.";

   (b)  by omitting from subsection (2) "The determination" and substituting
        "A determination under paragraph (1) (b)";

   (c)  by omitting from subsection (3) "The determination" and substituting
        "A determination";

   (d)  by omitting from subsection (4) "the determination" (last occurring)
        and substituting "a determination";

   (e)  by omitting from subsection (5) "the determination" and substituting
        "a determination";

   (f)  by omitting from subsection (6) "the determination" (first occurring)
        and substituting "a determination";

   (g)  by omitting subsection (7) and substituting the following subsection:

"(7) Without limiting the operation of subsection 52 (2), a determination of
the Minister or a prescribed officer may, at any time, be cancelled or varied
by the Minister by written notice to the person.". 


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