Western Australian Consolidated Regulations Western Australian Consolidated Regulations (1) For the purposes
of section 41L, the time from which interest shall be calculated on
overdue amounts is one day after the amount was due and payable, and interest
shall be calculated at the rate set out in Schedule 7 item 5 on a daily
basis and becomes due and payable as if it were a charge to which
by‑law 7 applies.
(2) For the purposes
of section 100B of the Land Drainage Act 1925 , the period after
which interest is payable is prescribed to be one day and interest is
prescribed to be payable at the rate set out in Schedule 7 item 5 on a
daily basis and becomes due and payable as if it were a charge to which
by‑law 7 applies.
[By‑law 9 amended in Gazette
26 Jun 1992 p. 2813; 24 Jul 1992 p. 3661;
9 Apr 1998 p. 2035; 29 Jun 2001 p. 3190.]