Document ID: chunk:federal_register_of_legislation:C2024A00104:section:524
Version: federal_register_of_legislation:C2024A00104
Segment Type: section
Provision Reference: s 524
Character Range: 731750–732410

524  Circumstances for waiver—special circumstances
  The System Governor may waive the right to recover a recoverable amount if:
 (a) the recoverable amount did not arise in whole or part as a result of:
 (i) a contravention of this Act; or
 (ii) a false or misleading statement or a misrepresentation; and
 (b) there are special circumstances (other than financial hardship) that the System Governor is satisfied make waiver appropriate; and
 (c) the System Governor is satisfied that waiver is more appropriate than writing off the recoverable amount.

Part 14—Authorised Commission officers and authorised System Governor officers

Division 1—Appointment