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Air Travellers Security Charge Act

Version of section 30 from 2007-06-22 to 2010-12-14:

Marginal note:Waiving or reducing interest

  •  (1) The Minister may, on or before the day that is 10 calendar years after the end of a fiscal month of a person, or on application by the person on or before that day, waive or reduce any interest payable by the person under this Act on an amount that is required to be paid by the person under this Act in respect of the fiscal month.

  • Marginal note:Interest where amounts waived or reduced

    (2) If a person has paid an amount of interest and the Minister has waived or reduced under subsection (1) any portion of the amount, the Minister shall pay interest at the prescribed rate on an amount equal to the portion of the amount that was waived or reduced beginning on the day that is 30 days after the day on which the Minister received a request in a manner satisfactory to the Minister to apply that subsection and ending on the day on which the portion is refunded to the person.

  • 2002, c. 9, s. 5 “30”
  • 2006, c. 4, s. 102
  • 2007, c. 18, s. 146

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