DEFENCE SERVICE HOMES ACT 1918 - SECT 40A Interest on amounts invested

DEFENCE SERVICE HOMES ACT 1918 - SECT 40A

  (1)   Subject to this section, there must be credited to the Defence Service Homes Insurance Account, in respect of each financial year ending after the commencement of this section, an amount, calculated in such manner as the Finance Minister determines, by way of interest on the amount standing to the credit of the Account during that year, whether that amount has been invested by the Finance Minister or not.

  (2)   If interest is received by the Commonwealth from the investment of an amount standing to the credit of the Defence Service Homes Insurance Account, an amount equal to the interest must be credited to the Account.