Upper South East Dryland Salinity and Flood Management Variation Regulations 2010 (SA)

South Australia

Upper South East Dryland Salinity and Flood Management Variation Regulations 2010

under the Upper South East Dryland Salinity and Flood Management Act 2002

Contents

Part 1—Preliminary

1. Short title

2. Commencement

3. Variation provisions

Part 2—Variation of Upper South East Dryland Salinity and Flood Management Regulations 2002

1. Insertion of regulation 10

   10Designated bank rate

Part 1—Preliminary

1—Short title

These regulations may be cited as the Upper South East Dryland Salinity and Flood Management Variation Regulations 2010.

2—Commencement

These regulations will come into operation on 1 July 2010.

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Upper South East Dryland Salinity and Flood Management Regulations 2002

4—Insertion of regulation 10

After regulation 9 insert:

10—Designated bank rate

For the purposes of the definition of prescribed percentage in section 23(13) of the Act, the designated bank rate, for a particular financial year, is the 1 year fixed (non comparison) rate applied by the Commonwealth Bank of Australia at the commencement of the financial year.

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 24 June 2010

No 156 of 2010

10WLB02900