Commonwealth Numbered Regulations

LANDS ACQUISITION REGULATIONS 2017 (F2017L01562) - REG 9

                   For the purposes of subsection 115(2) of the Act, the rate of interest payable on compensation is the rate set out in the table Capital Market Yields--Government Bonds--Monthly--F2.1 , published by the Reserve Bank of Australia, 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.

Note:          The table could in 2017 be viewed on the Reserve Bank of Australia website (http://www.rba.gov.au/statistics/tables/#interest-rates).