Commonwealth Consolidated Acts

BANKRUPTCY ACT 1966 - SECT 283

  (1)   The Inspector - General may remit an amount of interest charge, realisations charge or late payment penalty that is payable but has not been paid if the Inspector - General thinks that:

  (a)   failure to remit the amount would cause a person undue hardship; and

  (b)   it is appropriate to remit the amount.

  (2)   The following provisions apply in relation to remissions under subsection   (1):

  (a)   the person liable to pay the charge or penalty may apply for a remission;

  (b)   an application is to be in writing, setting out the reasons for the application, and is to be made to the Inspector - General;

  (c)   the Inspector - General's decision on an application is to be in writing;

  (d)   application may be made to the Administrative Review Tribunal for review of a decision to refuse an application, or to remit a lesser amount than was applied for.

Note:   Section   266 of the Administrative Review Tribunal Act 2024 requires notification of a decision that is reviewable.