Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2012 (1)

Link to law: https://www.comlaw.gov.au/Details/F2012L01263

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Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2012 (1)
 
Notice No. 1 of 2012
 
I, BILL SHORTEN, Minister for Employment and Workplace Relations, make this Notice under subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988.
 
Dated   8 June 2012
 
 
 
Bill Shorten
 
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 2012 (1)
 
2.         Commencement
            This Notice commences on the later of:
            (a)        1 July 2012; 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 2013.
 
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 4.48%.