Document ID: chunk:federal_register_of_legislation:C2008A00082:clause:2_45
Version: federal_register_of_legislation:C2008A00082
Segment Type: clause
Provision Reference: sch 2 cl 45
Character Range: 13446–14148

45  Subsection 115(4)
Repeal the subsection, substitute:

 (4) If, on the day following the end of a period referred to in subsection (4A), the interest payable to the person under subsection (2) in respect of the period has not been paid, this Part has effect as if, on that day, the amount of compensation payable were increased by the amount of the unpaid interest.

 (4A) For the purposes of subsection (4), the periods are as follows:
 (a) the period of 3 months that commenced on the day on which:
 (i) the person made the claim for the compensation; or
 (ii) the Minister made an offer of compensation to the person under subsection 101A(1), (2) or (3);
 (b) any succeeding period of 3 months.