Small Business Guarantees Amendment Regulations 1992 (WA)

9 October 1992] , GOVERNMENT GAZEI1E, WA 5037

Amendment Regulations 1992.

MALL US1NESS DEVELOPMENT

SB301 SMALL BUSINESS GUARANTEES ACT 1984

SMALL BUSINESS GUARANTEES AMENDMENT

REGULATIONS 1992 •

Made by His Excellency the Lieutenant-Governor and Administrator in

Executive Council.

Citation
1. These regulations may be cited as the Small Business Guarantees

5038 GOVERNMENT GAZETTE, WA [9 October 1992

Principal regulations

2.      In these regulations the Small Business Guarantees Regulations 1985*

are referred to as the principal regulations.

V Published in the Gazette of 10 May 1985 at page 1655.

Legislation of Western Australia.] For amendments to 20 July 1992 see page 489 of 1991 index to

Regulation 6 amended

3. Regulation 6 of the principal regulations is amended by inserting after

"$260" the following -

if or 1% of the amount to be guaranteed, whichever is the greater
amount, 01

Regulations 7 and 8 inserted

4. After regulation 6 of the principal regulations the following regulations

are inserted -

Is

Fee where amendment of guarantee
requires Ministerial consent

7. Where, under the terms of a guarantee under the Act, a party to the guarantee requests an amendment to that guarantee -

(a)	which requires the consent of the Minister; and
(b)	for which the Minister's consent is obtained,

a fee of $260 shall be charged and payable, by the party who	requested the amendment, upon demand by the Minister.
Administration fee
Regulations 1992, an administration fee of 0.2% of the guaranteed commencement of the Small Business Guarantees Amendment 8. (1) Where a guarantee is given under the Act after the
amount shall be charged and payable by the lender, at the end of the year, for each year that the guarantee remains in effect.

commence on 1 July. (2) For the purposes of this regulation a year shall

Where a guarantee is given or is determined during a

each whole month for which the guarantee is in effect during that
year.

it

year, the fee in subregulation (1) shall be payable pro rata for

(3)

Schedule amended

5. The Schedule to theprincipal regulations is amended in the item commencing "CLASSES" by inserting in the appropriate numerical positions the following classes -

0136, 0144,

0195,

0196,	and
9231,

By His Excellency's Command,

D. G. BLIGHT, Clerk of the Council.