Commonwealth Numbered Regulations

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1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 5

Interest payable on compensation-interests other than mortgage interests
5. For the purposes of subsection 91 (2) of the Act, the rate of interest
payable on compensation is the rate that is the assessed secondary market
yield, in respect of 5-year non-rebate Treasury bonds, published by the
Reserve Bank in respect of a month in respect of which the Commonwealth is
liable to pay compensation to the relevant claimant under Part VII of the Act.


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