Western Australian Repealed Regulations

This legislation has been repealed.

FREMANTLE PORT AUTHORITY REGULATIONS 1971 - REG 45A

45A .         Rate of interest on overdue amounts

        (1)         For the purposes of section 33 (1) of the Ports (Functions) Act 1993 , the rate of interest on an amount outstanding to the Port Authority is 3% greater than the rate of interest published from time to time by the Bank of Western Australia Ltd. as its reference rate.

        (2)         In subregulation (1), "reference rate" means the base rate of interest used by the Bank of Western Australia to determine the rates of interest payable on loans made by the Bank.

        [Regulation 45A inserted by Gazette 26 August 1994 p.4451.]

Section I

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