30
In forceInterest on loan
Part VLoans for soil conservation treatment or equipment
30 Interest on loan
(1)
The Treasurer may, by notice in the Gazette, determine an interest rate on loans made under this Act.
(2)
A loan shall bear interest at the determined rate as at the date on which the loan is made.
(3)
In determining the rate of interest payable on a loan the
Treasurer shall take into consideration any recommendation of the
Council.
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