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s 117

Order varying rate of penalty interest

In force
Part 9Dispute resolution
Division 3Specific forms of relief

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.

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Section 117 — Order varying rate of penalty interest — Strata Titles Act 1998 (Tasmania) — Barrister AI