Victorian Consolidated Regulations Victorian Consolidated RegulationsFor the purpose of section 35(1)(a) of the Act the prescribed rate is—
(a) the amount of contributions and interest as at 30 June 1987, calculated using the factors in Schedule 1 with values for intermediate dates of entry being calculated to the lower 0·01; and
(b) the additional annual rates of interest to be applied from 1 July 1987 to 30 June 1988 and from 1 July to 30 June in subsequent years are as published by the Board in the Government Gazette in each of those years.