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Taxation Administration Act 1997
38Remission of interest
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38 Remission of interest
[Section 38 Substituted by No. 41 of 2013, s. 42, Applied:21 Oct 2013]
(1) The Commissioner, in any circumstances the Commissioner considers appropriate, may remit interest payable by a taxpayer by any amount.
(2) If the Commissioner remits any interest under this section, he or she may, at any time, reimpose all or part of the interest in any circumstances that the Commissioner considers appropriate.