TAXATION ADMINISTRATION ACT 1953
Note: See section 3AA.Chapter 4 - Generic assessment, collection and recovery rules
The Commissioner may remit all or a part of the penalty. 298-20(2)
If the Commissioner decides:
(a) not to remit the penalty; or
(b) to remit only part of the penalty;
the Commissioner must give written notice of the decision and the reasons for the decision to the entity.
Section 25D of the Acts Interpretation Act 1901 sets out rules about the contents of a statement of reasons.
(a) the Commissioner refuses to any extent to remit an amount of penalty; and
(b) the amount of penalty payable after the refusal is more than 2 penalty units; and
See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.
(c) the entity is dissatisfied with the decision;
the entity may object against the decision in the manner set out in Part IVC.