Applying for and granting reduction in, or exemption from, levy
25B Applying for and granting reduction in, or exemption from, levy
If a notice is published under section 25A(1), a project owner may apply to the Board, in a form approved by the Board, for a reduction in, or an exemption from, the levy payable by the project owner under this Part.
On receiving an application under subsection (1), the Board —
shall determine in accordance with the conditions and criteria specified in the notice published under section 25A(1) —
whether or not to reduce the levy payable by the applicant and, if so, the amount of the reduction; or
whether or not to grant an exemption from the levy payable by the applicant,
as the case requires; and
shall notify the applicant accordingly.
[Section 25B inserted: No. 6 of 1998 s. 11.]
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