Commonwealth Numbered Regulations

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1989 No. 111 LANDS ACQUISITION REGULATIONS - REG 6

Interest payable in compensation
6. For the purposes of subsection 115 (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 VIII of the
Act. 


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