Statute
Section 205AAE — Veterans' Entitlements Act 1986: Penalty interest rate
Text of the provision Official document
(1) The penalty interest rate is: (a) 3% per year; or (b) if another percentage is determined in an instrument under subsection (2)—that percentage per year. (2) The Minister may, by legislative instrument, determine a percentage for the purposes of paragraph (1)(b).
Official source: Federal Register of Legislation
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