Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2009 (Cth)

Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2009

Notice No.  of 2009

I, JULIA GILLARD, Minister for Employment and Workplace Relations, make this Notice under subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988.

Dated     22 May 2009

Julia Gillard

Minister for Employment and Workplace Relations

1.         Name of Notice

This Notice is the Safety, Rehabilitation and Compensation (Weekly Interest      on the Lump Sum) Notice 2009

2.         Commencement

This Notice commences on the later of:

(a)        1 July 2009; or

(b)        the day after it is registered on the Federal Register of Legislative    Instruments.

3.         Cessation

This Notice ceases to have effect after 30 June 2010.

4.         Declaration

For subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988,        I specify that the rate of ‘Weekly interest on the lump sum’ to be 5.35%.