South Australian Consolidated Regulations South Australian Consolidated Regulations (1) Interest accrues
from the end of the period referred to in section 31D(4)(a) or 31E(6)(a) of
the Act at the prime bank rate for the relevant financial year.
(2) Interest accrues
on unpaid interest at 6 monthly intervals from the end of the period referred
to in subregulation (1).
(3) In this
regulation—
"prime bank rate" for a particular financial year means the corporate loan
reference rate applied by the Commonwealth Bank of Australia for corporate
lending on the first trading day of the Bank in that financial year.