Commissioner discretion to relieve interest where payment causes genuine hardship now replaces board recommendation requirement. The amendment vests authority to grant relief from interest in the Commissioner rather than requiring a Board recommendation, replacing prior phrasing ... Summary
Commissioner discretion to relieve interest where payment causes genuine hardship now replaces board recommendation requirement.
The amendment vests authority to grant relief from interest in the Commissioner rather than requiring a Board recommendation, replacing prior phrasing with language covering "interest paid or payable" and applying a "has caused or would cause genuine hardship" test; the wording revisions have retrospective effect to the earlier operative date, while the transfer of decision making authority to the Commissioner becomes operative from the later date specified in the Act.
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