27Authority may waive or reduce levy where serious hardship

27 Authority may waive or reduce levy where serious hardship

27 Authority may waive or reduce levy where serious hardship

(1) The Authority may waive or reduce the levy payable by a landowner if the landowner has demonstrated to the Authority that payment of the levy would result in serious hardship.

(2) If the Authority decides to waive or reduce the levy payable by a person, the Authority must give notice of that decision to the relevant CID entity.

(3) The Authority must give effect to that decision by—

(a) waiving or reducing the levy payable, as the case requires, and

(b) writing off the amount that is waived or the amount of the reduction.

(4) Accrued interest on the levy may be waived or reduced under this section in the same way as the levy.

(5) Accordingly, a reference in this section to the levy includes a reference to accrued interest on the levy.