§ 41–162.06. Waiver of interest and penalty.

The Administrator:

(1) May waive, in whole or in part, interest under § 41-162.04(a) and penalties under § 41-162.04(b) or § 41-162.05; and

(2) Shall waive a penalty under § 41-162.04(b) if the Administrator determines that the holder acted in good faith and without negligence.