s. 1
— Rate of interest
For the purposes of section 17 of the Mineral Land Tax Act, the rate of interest shall be
s. 1(a)
during the period from September 1, 1983 until September 30, 1983, 1 1/2% above the prime lending rate of the principal banker to the Province on June 15, 1983, and
s. 1(b)
during each successive 3 month period, beginning on October 1, January 1, April 1 and July 1 in every year, 3% above the prime lending rate of the principal banker to the Province on the 15th day of the month immediately preceding that 3 month period.