New South Wales Consolidated Regulations

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MENTAL HEALTH REGULATION 2007 - REG 42

Distribution of Interest Account

42 Distribution of Interest Account

The Director-General must, at least once a year, after making the payments referred to in clause 41 (2), distribute the funds of the Interest Account by crediting those funds to each patient’s current account proportionately according to:

(a) the amount standing to the credit of the patient’s account during the period for which that amount was invested, and
(b) the period for which that amount was so invested, being the period commencing on the date of investment or the date of the last preceding distribution, whichever is the later, and ending on the date of distribution.



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