Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2009 (Australia)

Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2009

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Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2009

Notice No. of 2009

I, JULIA GILLARD, Minister for Employment and Workplace Relations, make this Notice under subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988.

Dated     22 May 2009

Julia Gillard

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 2009

2.         Commencement
            This Notice commences on the later of:
            (a)        1 July 2009; 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 2010.

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 5.35%.