NSWIn ForceRegulation
Insurance Premiums Order 2008–2009
6Late payment prescribed interest rates: sections 170 (8) and 172 (5) of Act
Start here
Get a plain-English read of 6
Turn the raw legal text into a practical explanation grounded in Insurance Premiums Order 2008–2009.
6 Late payment prescribed interest rates: sections 170 (8) and 172 (5) of Act
6 Late payment prescribed interest rates: sections 170 (8) and 172 (5) of Act
For the purposes of sections 170 (8) and 172 (5) of the Act, the prescribed rate of interest is the interest rate referred to in section 22 of the Taxation Administration Act 1996.