Document ID: chunk:federal_register_of_legislation:C2024C00866:section:206
Version: federal_register_of_legislation:C2024C00866
Segment Type: section
Provision Reference: s 206
Character Range: 1909955–1911131

206  Waiver etc. of debts
 (1) The Commission may, on behalf of the Commonwealth, by determination in writing:
 (a) write off debts arising under or as a result of this Act, or debts arising under or as a result of this Act that are included in a class of debts specified by the Minister by notice in writing published in the Gazette;
 (b) waive or defer the right of the Commonwealth:
 (i) to recover from a person the whole or a part of a debt that is payable by the person under or as a result of this Act; or
 (ii) to recover debts under or as a result of this Act included in a class of debts specified by the Minister by notice in writing published in the Gazette; or
 (c) allow an amount that is payable by a person to the Commonwealth under or as a result of this Act to be paid in instalments.
 (2) Proceedings for the recovery from a person of any amount that is payable by the person to the Commonwealth under or as a result of this Act are not to be commenced after the end of the period of 6 years starting on the first day on which an officer becomes aware, or could reasonably be expected to have become aware, of the circumstances that gave rise to the debt.