Extinguishment of uncollectible amounts

—(1) If the Director General is unable to recover an amount of tax, interest, or penalty due and payable by a person under tax laws, the Minister may, on recommendation of the Director General and approval by the Cabinet, order the extinguishment of the liability as a debt due to the Crown. (2) If the Director General determines that a person whose debt was extinguished under sub-section (1) has assets that may be attached to recover all or part of the unpaid amounts, the liability for the debt may be reinstated by an order of the 60 CAP. 51 Tax Administration and Procedure Minister, approved by Cabinet, revoking the order made under sub-section (1).