New South Wales Consolidated Regulations

MEAT INDUSTRY (MEAT INDUSTRY LEVY) REGULATION 2006 - REG 10

10 Overdue levies

(1) The object of this clause is to fix the rate of interest payable on overdue levies.

(2) For the purposes of section 59H (2) of the Act, the prescribed rate per cent per year is:

(a) if the amount payable on unpaid rates under section 202 of the Rural Lands Protection Act 1998 is expressible as a rate per cent per year, the rate per cent per year so payable, or

(b) in any other case, the rate per cent per year for the time being prescribed under section 101 of the Civil Procedure Act 2005 for payment of interest on a judgment debt.