This legislation has been repealed.
(1) Interest
accrues—
(a) on
an unpaid levy; and
(b) on
any unpaid instalments of a levy; and
(c) on
unpaid interest,
in accordance with the regulations.
(2) A person who is
liable to pay a levy is also liable to pay interest that accrues, or has
accrued, on or in relation to the levy under this section.
(3) The Minister may
release a person suffering financial hardship from liability to pay the whole
or part of interest that has accrued under this section.