Land Regulation 2020
sec.3ARounding of particular amounts expressed as numbers of fee units
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sec.3A Rounding of particular amounts expressed as numbers of fee units
This section applies for working out the amount of a fee or other matter expressed in section 33 , 34 or 36 as a number of fee units. For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded to the nearest dollar (rounding one-half upwards). Section 34 (1) of this regulation provides for a minimum rent of 277 fee units. If the value of a fee unit for this regulation were $1.015, the number of dollars obtained by multiplying $1.015 by 277 would be $281.155. After rounding, the amount of the minimum rent would be $281. s 3A ins 2022 SL No. 47 s 13 (sec.3A-ssec.1) This section applies for working out the amount of a fee or other matter expressed in section 33 , 34 or 36 as a number of fee units. (sec.3A-ssec.2) For the purpose of the Acts Interpretation Act 1954 , section 48C (3) , the amount is to be rounded to the nearest dollar (rounding one-half upwards). Section 34 (1) of this regulation provides for a minimum rent of 277 fee units. If the value of a fee unit for this regulation were $1.015, the number of dollars obtained by multiplying $1.015 by 277 would be $281.155. After rounding, the amount of the minimum rent would be $281.