The CEO may waive the right to recover a debt if:
(a) the debt did not result wholly or partly from the debtor or another person knowingly:
(i) making a false or misleading statement or representation; or
(ii) failing or omitting to comply with this Act, the regulations or the National Disability Insurance Scheme rules; and
(b) there are special circumstances (other than financial hardship alone) that the CEO is satisfied make waiver appropriate; and
(c) the CEO is satisfied that waiver is more appropriate than writing off the debt.