Commonwealth Numbered Acts

SOCIAL SECURITY LEGISLATION AMENDMENT ACT 1994 No. 63, 1994 - SECT 9

9. After section 1237A of the Principal Act the following section is inserted
in Part 5.4:

Determination that penalty interest not payable in relation to particular
periods

"1237B.(1) The Secretary may, in writing, determine that interest payable by a
person in respect of a certain period under subsection 1229(3) or 1229A(3) is
not payable.



"(2) The determination may relate to a period before the making of the
determination.



"(3) The determination may be expressed to be subject to the person complying
with specified conditions.



"(4) The Secretary must give a copy of the determination to the person as soon
as practicable after making the determination.



"(5) A failure to comply with subsection (4) does not invalidate the
determination.



"(6) If:

   (a)  the determination is expressed to be subject to the person complying
        with specified conditions; and

   (b)  the person contravenes a condition; the determination ceases to have
        effect.



"(7) The Secretary may cancel or vary the determination by written notice to
the person.".