Victorian Current Acts

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PORT MANAGEMENT ACT 1995 - SECT 79

Interest on overdue payments

S. 79(1) amended by Nos 23/2003 s. 17(Sch. item 4), 85/2003 s. 30(2), 63/2007 s. 18(Sch. item 2(1)), 38/2011 s. 29, 10/2016 s. 127, 19/2022 s. 48.

    (1)     Wharfage fees and channel fees under this Part that are unpaid by the due date may, if the port of Melbourne operator, the designated State port entity, the Port of Hastings Development Authority, Ports Victoria or the channel operator so requires, attract interest at a rate determined by it.

S. 79(2) amended by No. 63/2007 s. 18(Sch. item 2(2)).

    (2)     Different rates may be determined for fees that remain unpaid for different periods of time.

    (3)     The rate determined in respect of any period is not to exceed the prescribed rate.

S. 80 (Heading) inserted by No. 63/2007 s. 18(Sch. item 3(1)).



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