Regional Investment Corporation (Small Business Drought Loans) Rules 2020
27Regional Investment Corporation (Drought and Small Business Drought Loans)(Cessation of Interest‑Free Period) Amendment Instrument 2020—transitional and application provisions
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27 Regional Investment Corporation (Drought and Small Business Drought Loans)(Cessation of Interest‑Free Period) Amendment Instrument 2020—transitional and application provisions
(1) In this section: commencement day means 1 October 2020.
Note: This is the day on which the instrument that made the relevant amendments commenced.
relevant amendments means the amendments to this instrument made by the Regional Investment Corporation (Drought and Small Business Drought Loans)(Cessation of Interest‑Free Period) Amendment Instrument 2020.
(2) Where an application for a small business drought loan was made before the commencement day, this instrument applies in relation to the application and any loan offered on the basis of the application as if the relevant amendments had not been made.