Western Australian Consolidated Regulations Western Australian Consolidated Regulations (1) For the purposes
of section 136(1) of the Act, the rate of interest on an amount
outstanding to a port authority is 3% greater than the rate of interest
published from time to time by the Bank of Western Australia Ltd. as its
overdraft reference rate.
(2) In
subregulation (1) —
overdraft reference rate means the base rate of
interest used by the Bank of Western Australia Ltd. to determine the rates of
interest payable on overdraft loans.