(1) If the rental of an aquaculture lease is unpaid after the date on which
payment was due, the Minister may charge interest on the overdue amount at the
rate payable from time to time in respect of judgments of the Supreme Court
or, if some other rate is prescribed by the regulations, at that rate.
(2)
Interest may be charged for each day that has elapsed between the date on
which payment is due and the date of payment.
(3) Interest charged on the
overdue rental of an aquaculture lease under this section is taken to be part
of the rental.
