Public Governance, Performance and Accountability Act 2013
CHAPTER 2
-
COMMONWEALTH ENTITIES AND THE COMMONWEALTH
PART 2-4
-
USE AND MANAGEMENT OF PUBLIC RESOURCES
Division 7
-
Waivers, modifications of payment terms, set offs and act of grace payments
SECTION 63
WAIVER OF AMOUNTS OR MODIFICATION OF PAYMENT TERMS
63(1)
The Finance Minister may, on behalf of the Commonwealth, authorise: (a) the waiver of an amount owing to the Commonwealth; or (b) the modification of the terms and conditions on which an amount owing to the Commonwealth is to be paid to the Commonwealth.
63(2)
An authorisation of a waiver or modification must be in accordance with any requirements prescribed by the rules.
63(3)
An authorisation of a waiver may be made either unconditionally or on the condition that a person agrees to pay an amount to the Commonwealth in specified circumstances.
63(4)
To avoid doubt, an amount may be owing to the Commonwealth even if it is not yet due for payment.
63(5)
An authorisation of a waiver or modification is not a legislative instrument.
The Finance Minister may, on behalf of the Commonwealth, authorise: (a) the waiver of an amount owing to the Commonwealth; or (b) the modification of the terms and conditions on which an amount owing to the Commonwealth is to be paid to the Commonwealth.
63(2)
An authorisation of a waiver or modification must be in accordance with any requirements prescribed by the rules.
63(3)
An authorisation of a waiver may be made either unconditionally or on the condition that a person agrees to pay an amount to the Commonwealth in specified circumstances.
63(4)
To avoid doubt, an amount may be owing to the Commonwealth even if it is not yet due for payment.
63(5)
An authorisation of a waiver or modification is not a legislative instrument.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.