92Recovery of overpayment debt—payment arrangement

92 Recovery of overpayment debt—payment arrangement

(1) The Secretary may, on behalf of the Commonwealth, enter into an arrangement with a person under which the person is to pay an overpayment debt owed by the person to the Commonwealth, or the outstanding amount of such a debt, in a way set out in the arrangement. (2) The arrangement has effect from the date of effect specified in the arrangement, which may be earlier or later than the day on which the arrangement was entered into. (3) The Secretary may vary or terminate the arrangement: (a) at the debtor’s request; or (b) after giving the debtor 28 days’ notice of the proposed variation or termination; or (c) if the Secretary is satisfied that the debtor has failed to disclose material information about the debtor’s true capacity to repay the debt—without notice.