Western Australian Repealed Regulations Western Australian Repealed RegulationsThis legislation has been repealed.
(1) Where a guarantee
is given under the Act after the commencement of the Small Business Guarantees
Amendment Regulations 1992 , an administration fee of 0.2% of the
guaranteed amount shall be charged and payable by the lender, at the end of
the year, for each year that the guarantee remains in effect.
(2) For the purposes
of this regulation a year shall commence on 1 July.
(3) Where a guarantee
is given or is determined during a year, the fee in subregulation (1)
shall be payable pro rata for each whole month for which the guarantee is in
effect during that year.
[Regulation 8 inserted in Gazette
9 Oct 1992 p. 5038.]