New South Wales Consolidated Acts

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TRANSPORT EMPLOYEES RETIREMENT BENEFITS ACT 1967 - SECT 52

Prescribed rate of interest

52 Prescribed rate of interest

(1) For the purposes of this Act, the prescribed rate means four and one-quarter per centum per annum or, where some higher rate is prescribed, that higher rate.
(2) Different rates may be prescribed under this section for the purposes of different provisions of this Act.



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