COMMONWEALTH OF AUSTRALIA
MILITARY SUPERANNUATION AND BENEFITS ACT 1991
DETERMINATION
The Military Superannuation and Benefits Board of Trustees No. 1, pursuant to clause 3 of the Trust Deed made under Part 2 of the Military Superannuation and Benefits Act 1991, DETERMINES as follows:
Citation
1. This determination may be cited as the Military Superannuation and Benefits Act 1991 (Interest) Determination No. 54.
Commencement
2. This determination shall take effect from and including 24 July 2000.
Principal Determination
3. In this determination “the Principal Determination” means the Military Superannuation and Benefits Act 1991 (Interest) Determination No. 1, as amended.
Amendment of the Principal Determination
4. Clause 5 of the Principal Determination is amended by deleting “the exit rate of interest of 9.6% per annum” (wherever occurring) and inserting in its stead “the exit rate of interest of 13.6% per annum”.
R.C. Brown P. D. Gourley
......................................................... .........................................................
BRIG R.C. Brown P.D. Gourley
(Trustee) (Trustee)
The Common Seal of the Military Superannuation and Benefits Board of Trustees No. 1 was hereunto affixed by authority of the Board.
Dated this twentieth day of July 2000