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Fisheries Management Act 1994
166Overdue rental
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#### 166 Overdue rental
166 Overdue rental
> > (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.
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> > (2) Interest may be charged for each day that has elapsed between the date on which payment is due and the date of payment.
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> > (3) Interest charged on the overdue rental of an aquaculture lease under this section is taken to be part of the rental.
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> **s 166:** Subst 2004 No 26, Sch 1 \[41\]. Am 2009 No 114, Sch 1 \[86\].