Endnotes Endnotes When repayments due Date Annual percentage interest rate % *1 Whether variable Yes/No *2 Total interest payable $ Charge for late payment $ NOTES: *1. The annual percentage rate is the percentage rate which, as applied to the daily unpaid balance of purchase money excluding interest (if shown in the contract) or, if that is not shown in the contract, the lowest cash price at which the land might be bought, will yield the amount equal to the total interest. *2. Delete where inapplicable. 3. If the interest rate is variable the amount in the Schedule should be calculated as if the rate did not vary. 4. Amounts in the Schedule must be calculated as if all payments were made as and when they fall due, but the penalty for late payment must still be shown. *5. If the payments vary in amount, specify the amount of each repayment. ENDNOTES General Information The of Land Act 1962 was assented to on 18 December 1962 and came into operation as follows: Part 2 (sections 23–25) on 1 March 1963: Government Gazette 13 February 1963 page 263; sections 9, 27, 28 on 1 March 1963: Government Gazette 20 February 1963 page 307; rest of Act on 1 June 1963: Government Gazette 20 February 1963 page 307. Table of Amendments This Version incorporates amendments made to the of Land Act 1962 by Acts and subordinate instruments. ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– of Land (Amendment) Act 1963, No. 7052/1963
When repayments due Date Annual percentage interest rate % *1 Whether variable Yes/No *2 Total interest payable $ Charge for late payment $ NOTES: *1. The annual percentage rate is the percentage rate which, as applied to the daily unpaid balance of purchase money excluding interest (if shown in the contract) or, if that is not shown in the contract, the lowest cash price at which the land might be bought, will yield the amount equal to the total interest. *2. Delete where inapplicable. 3. If the interest rate is variable the amount in the Schedule should be calculated as if the rate did not vary. 4. Amounts in the Schedule must be calculated as if all payments were made as and when they fall due, but the penalty for late payment must still be shown. *5. If the payments vary in amount, specify the amount of each repayment. ENDNOTES General Information Endnotes The of Land Act 1962 was assented to on 18 December 1962 and came into operation as follows: Part 2 (sections 23–25) on 1 March 1963: Government Gazette 13 February 1963 page 263; sections 9, 27, 28 on 1 March 1963: Government Gazette 20 February 1963 page 307; rest of Act on 1 June 1963: Government Gazette 20 February 1963 page 307. Table of Amendments This Version incorporates amendments made to the of Land Act 1962 by Acts and subordinate instruments. Endnotes ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– of Land (Amendment) Act 1963, No. 7052/1963
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