Rural Lands Protection Act 1989 Regulation relating to the interest charged on overdue rates and charges (1992-190) [GG No 49 of 16.4.1992] (NSW)

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1992—No. 190

RURAL LANDS PROTECTION ACT 1989—REGULATION

(Relating to the interest charged on overdue rates and charges)

NEW SOUTH WALES

[Published in Gazette No. 49 of 16 April 1992]

HIS Excellency the Governor, with the advice of the Executive Council, and in pursuance of the Rural Lands Protection Act 1989, has been pleased to make the Regulation set forth hereunder.

IAN ARMSTRONG

Minister for Agriculture and Rural Affairs.

The Rural Lands Protection Regulation 1990 is amended:

(a) by omitting from clause 32 (1) (a) the matter “21” and by inserting instead the matter “15”;
(b) by omitting from clause 48 the matter “21” and by inserting the

matter “15”.

EXPLANATORY NOTE

The object of this Regulation is to reduce the annual interest charged on overdue

rates and charges under the Act from 21 per cent to 15 per cent.

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