Western Australian Current Acts

RURAL BUSINESS DEVELOPMENT CORPORATION ACT 2000 - SECT 34

34 .         Security for payments of financial assistance

        (1)         Repayment of all payments of financial assistance under an approved assistance scheme administered by the Corporation, and payment of interest on those payments, are to be secured to the Corporation by the best and most appropriate security available in each case, which may be a security that ranks in priority after another security.

        (2)         The Corporation may —

            (a)         fix a scale of fees to be charged to applicants for financial assistance under an approved assistance scheme administered by the Corporation for the making of necessary arrangements in relation to the taking of securities; and

            (b)         require an applicant to pay such a fee.