Document ID: chunk:federal_register_of_legislation:C2004A00814:clause:3_91
Version: federal_register_of_legislation:C2004A00814
Segment Type: clause
Provision Reference: sch 3 cl 91
Character Range: 47492–48855

91  Arrangement for payment of debt

 (1) If, under section 82, a debt owed by a person is recoverable by the Commonwealth by repayment by instalments under an arrangement entered into under this section, the Secretary may, on behalf of the Commonwealth, enter into an arrangement with the person under which the person is to pay the debt, or the outstanding amount of the debt, in a way set out in the arrangement.

 (2) An arrangement entered into under subsection (1) has effect, or is taken to have had effect, on and after the day specified in the arrangement as the day on which the arrangement commences (whether that day is the day on which the arrangement is entered into or an earlier or later day).

 (3) If an arrangement entered into under subsection (1) does not specify a day as mentioned in subsection (2), it has effect on and after the day on which it is entered into.

 (4) The Secretary may terminate or alter an arrangement entered into under subsection (1):
 (a) at the debtor's request; or
 (b) after giving 28 days' notice to the debtor of the proposed termination or alteration; or
 (c) without notice, if the Secretary is satisfied that the person has failed to disclose material information about his or her true capacity to repay the debt.

 (5) In subsection (1):

debt means a debt recoverable by the Commonwealth under Division 2.