(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.