Document ID: chunk:federal_register_of_legislation:C2024C00587:section:429
Version: federal_register_of_legislation:C2024C00587
Segment Type: section
Provision Reference: s 429
Character Range: 567421–567998

429  Commission may waive a debt
 (1) The Commission may decide, in writing, to waive the Commonwealth's right to recover from a person the whole or a part of a debt due to the Commonwealth under this Act.
Note: If the Commission waives the Commonwealth's rights to recover, this is a permanent bar to recovery of the debt—the debt effectively ceases to exist.
 (2) The decision takes effect:
 (a) on the day set out in the decision (which may be before, on or after the day the decision is made); or
 (b) if no day is set out in the decision—on the day the decision is made.