sec.72QPayment of bad debt credit

### sec.72Q Payment of bad debt credit This section applies if the chief executive decides to grant a bad debt credit application. The chief executive must deduct the amount of the bad debt credit from the waste levy amount the applicant is required to remit to the State under section 56 for the relevant levy period. Also, if the total amount of the bad debt credit is more than the amount the applicant is required to remit to the State, the chief executive must pay the applicant an amount equal to the excess. If the applicant is no longer the operator of a waste disposal site, the chief executive must pay the applicant an amount equal to the bad debt credit. In this section— relevant levy period , for an application, means the levy period at the time the application is decided. s 72Q ins 2019 No. 2 s 6 (sec.72Q-ssec.1) This section applies if the chief executive decides to grant a bad debt credit application. (sec.72Q-ssec.2) The chief executive must deduct the amount of the bad debt credit from the waste levy amount the applicant is required to remit to the State under section 56 for the relevant levy period. (sec.72Q-ssec.3) Also, if the total amount of the bad debt credit is more than the amount the applicant is required to remit to the State, the chief executive must pay the applicant an amount equal to the excess. (sec.72Q-ssec.4) If the applicant is no longer the operator of a waste disposal site, the chief executive must pay the applicant an amount equal to the bad debt credit. (sec.72Q-ssec.5) In this section— relevant levy period , for an application, means the levy period at the time the application is decided.