(A) The interest or penalty, or any portion thereof, accruing by reason of a retailer’s or vendor’s failure to pay the use tax herein levied may be waived or remitted in the same manner as provided for said waiver or remittance as is applied in the administration of the state use tax provided in 68 O.S. § 227.
(B) To accomplish the purposes of this section, the applicable provisions of said § 227 are hereby adopted by reference and made a part of this subchapter.
(Prior Code, § 7-511) (Res. 2007-05, passed 4-2-2007)