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NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 (NO. 20, 2013) - SECT 191 Power to waive Agency's right to recover debt

NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 (NO. 20, 2013) - SECT 191

Power to waive Agency's right to recover debt

             (1)  On behalf of the Agency, the CEO may waive the Agency's right to recover the whole or a part of a debt from a debtor only in the circumstances described in section 192, 193, 194 or 195.

             (2)  A waiver takes effect:

                     (a)  on the day specified in the waiver (whether that day is before, on or after the day the decision to waive is made); or

                     (b)  if the waiver does not specify when it takes effect--on the day the decision to waive is made.

Note:          If the CEO waives the Agency's right to recover all or part of a debt, this is a permanent bar to recovery of the debt or part of the debt and the debt or part of the debt effectively ceases to exist.