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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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