South Australian Current Regulations

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ENVIRONMENT PROTECTION REGULATIONS 2023 - REG 23

23—Conditions requiring financial assurance (section 51)

For the purposes of section 51(5)(b) of the Act, the interest payable in respect of an amount representing a pecuniary sum or part of a pecuniary sum that is to be repaid to the holder of an environmental authorisation is to be calculated at a rate 1% less than the rate earned from investment of the Environment Protection Fund (or the relevant part of the Fund) during the period that the amount has been credited to the Fund.



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