s 71
In forceWaiver and reduction of fees by Board
Part 6Finance
Division 1Fees
71 Waiver and reduction of fees by Board
(1)
The Board may in a particular case waive a requirement to pay a fee imposed by or under this Act or may reduce the fee payable if it considers it appropriate to do so in the circumstances.
(2)
If a requirement to pay an approved fee is waived or the fee is reduced under this section—
(a)
in the case of a waiver of the requirement—any requirement under this Act to pay the approved fee is taken to have been satisfied, and
(b)
in the case of a fee reduction—any requirement under this Act to pay the approved fee is taken to have been satisfied when the reduced fee is paid.
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