NSWIn ForceRegulation
Building and Construction Industry Long Service Payments Regulation 2022
17Interest rate on overdue long service levy—the Act, s 46
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#### 17 Interest rate on overdue long service levy—the Act, s 46
17 Interest rate on overdue long service levy—the Act, s 46
> For the Act, section 46(4)(b), the prescribed rate is the rate 6% above the cash rate last published by the Reserve Bank of Australia—
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> > (a) for interest accrued between 1 January and 30 June—immediately before 1 January, and
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> > (b) for interest accrued between 1 July and 31 December—immediately before 1 July.