INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 2 - Collection by instalments of tax on persons other than companies  

SECTION 221N   REMISSION OF PENALTY  

221N(1)   [Authority]  

The Commissioner may remit all or a part of the penalty a person is liable to pay under subsection 221EAA(1) .

221N(2)   [Written notice]  

The Commissioner must give written notice to the person if the Commissioner decides:

(a) to remit a part only of the penalty; or

(b) not to remit any part of the penalty.

221N(3)   [Objections]  

A person who is dissatisfied with a decision of the Commissioner under subsection (1) in relation to the person may object against it in the manner set out in Part IVC of the Taxation Administration Act 1953 .