18General provisions as to remission, &c., of fees, &c.

18 General provisions as to remission, &c., of fees, &c.

(1)  A public authority may –

(a) remit the payment by a distressed person;

(b) extend the time for payment by a distressed person; or

(c) permit the payment by a distressed person, by such instalments as the public authority may determine –

of the whole or any part of any tax, duty, royalty, fee, rate, charge, or impost (not being a tax, duty, rate, charge, or fee to which any of the provisions of sections twelve , fourteen , fifteen , sixteen , or seventeen relate) payable to the public authority under or for the purposes of any Act.

(2)  Where pursuant to this section the whole or part of any tax, duty, royalty, fee, rate, charge, or impost is remitted by a public authority, the Minister, in his absolute discretion, may pay to the credit of such of the accounts or funds of the public authority as the Minister considers appropriate a sum of money equal to the sum of the tax, duty, royalty, fee, rate, charge, or impost so remitted.