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SOCIAL SECURITY (NON-BUDGET MEASURES) LEGISLATION AMENDMENT ACT 1995 No. 105, 1995 - SECT 40

Insertion of section
40. After section 1237A of the Principal Act the following section is
inserted:

Secretary may waive debts of a particular class

"1237AB.(1) The Secretary may, on behalf of the Commonwealth, decide to waive
the Commonwealth's right to recover debts arising under or as a result of this
Act that are included in a class of debts specified by the Minister by notice
published in the Gazette.



"(2) A decision under subsection (1) takes effect:

   (a)  if no day is specified in the decision-on the day on which the
        decision is made; or

   (b)  if a day is specified in the decision-on the day so specified (whether
        that day is before, after or on the day on which the decision is
        made).



"(3) A notice referred to in subsection (1):

   (a)  is a disallowable instrument for the purposes of section 46A of the
        Acts  Interpretation Act 1901 ; and

   (b)  is deemed not to specify a class of debts for the purposes of that
        subsection before the expiration of the time within which the notice
        may be disallowed by each House of the Parliament.". 


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