Public Trustee (Interest Rate) Amendment Regulation (No. 5) 2023 (Qld)

1   Short title

This regulation may be cited as the Public Trustee (Interest Rate) Amendment Regulation (No. 5) 2023.

2   Commencement

This regulation commences on 1 June 2023.

3   Regulation amended

This regulation amends the Public Trustee Regulation 2012.

4   Amendment of s 4 (Interest payable on amounts in common fund—Act, s 19)

Section 4(2), ‘1.34%’—
omit, insert—

1.35%

5   Amendment of sch 1 (Interest payable on amounts in common fund)

(1)Schedule 1, items 1 and 5, ‘0.2%’—
omit, insert—

0.21%

(2)Schedule 1, items 2(c) and 3, ‘0.99%’—
omit, insert—

1.23%