TASIn ForceAct
Strata Titles Act 1998
117Order varying rate of penalty interest
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### 117 Order varying rate of penalty interest
> If, on an application for relief under this Part, the Recorder is satisfied that the rate of interest fixed by a body corporate for late payment of a contribution is unreasonable, the Recorder may make an order varying the rate of interest and remitting accrued interest wholly or in part.