s 156
In forceWaiver of funding contribution and late payment penalty
Chapter 6Financial matters
Part 6‑1Liability for funding
Division 2Liability of participating institutions for funding contribution
156 Waiver of funding contribution and late payment penalty
(1)
The Operator may, on behalf of the Commonwealth, waive the payment of all or part of funding contribution or late payment penalty payable by a participating institution or funder of last resort, if the Operator is satisfied that there are exceptional circumstances justifying the waiver.
(2)
The Operator may do so on the Operator’s own initiative or on written application by a person in the approved form.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.