Determination of Rate of Interest (MRCA Instrument No. 6 of 2004) (Cth)

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MILITARY REHABILITATION AND COMPENSATION ACT 2004

SUBSECTION 79(3)

(MRCA Instrument No. 6 of 2004)

DETERMINATION OF RATE OF INTEREST

  1. I, DANNA VALE, Minister for Veterans’ Affairs determine that the rate of interest for the purposes of subsection 79(3) of the Military Rehabilitation and Compensation Act 2004 is specified to be the weighted average yield derived from the Treasury note tender for ninety day notes settled immediately before the last day of the 30 day settlement period.

  1. This determination commences on 1 July 2004.

Dated this     1st        day of       June               2004

……………………….

DANNA VALE

MINISTER FOR VETERANS’ AFFAIRS

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