S 38 repealed by No 105 of 2000, s 3 and Sch 1 item 8, effective 6 July 2000. S 38 formerly read:
REMISSION OF PENALTY
The Commissioner may remit some or all of the penalty that an entity is liable to pay under section 36 if the Commissioner is satisfied that it is fair and reasonable to do so.
The Commissioner may decide to do this before or after making an assessment under this Part.