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Table of Contents
Document Overview
AI Summary of 105. Amendment of section 991B of Principal Act (Covid-19: special warehousing and interest provisions)
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105. Amendment of section 991B of Principal Act (Covid-19: special warehousing and interest provisions)
Section 991B of the Principal Act is amended -
(a) by the deletion of subsection (7),
(b) by the substitution of the following subsection for subsection (8):
"(8) Where -
(a) this section applies to an employer,
(b) the employer complies with the employer's obligations under the Acts,
(c) the employer has -
(i) before 1 May 2024, engaged with the Collector-General regarding the employer's Covid-19 liabilities with a view to entering into an agreement to pay those liabilities, and
(ii) entered into an agreement referred to in subparagraph (i), whether before or after 1 May 2024,
and
(d) the employer complies with the obligations of the employer under the agreement entered into as referred to in paragraph (c)(ii),
no interest shall be due and payable by the employer in respect of the employer's Covid-19 liabilities during Period 1, Period 2 and Period 3.",
and
(c) by the substitution of the following subsection for subsection (10):
"(10) Where an employer -