Australian Capital Territory Numbered Regulations

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LANDS ACQUISITION REGULATIONS 1999 (1999 NO 30) - REG 4

Interest payable on compensation

    For subsections 76 (2) and 96 (2) of the Act, the rate of interest payable on compensation is the rate that is the assessed secondary market yield for 5-year non-rebate Treasury bonds, published by the Reserve Bank of Australia for a month for which the Executive is liable to pay compensation to the relevant claimant under the relevant Part of the Act.

   

1     Notified in the Gazette on 24 November 1999.

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