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398 A regional district may, by bylaw, establish the manner in which interest is calculated if

  • (a) this or another Act provides a requirement or authority to apply interest to an amount owed to, or owing by, the regional district, and
  • (b) the manner in which interest is calculated is not otherwise provided for.

2003-52-265, effective February 19, 2003; RSBC 2015-1-398, effective January 1, 2016 (B.C. Reg. 257/2015).