{"id":"F2019L01058","name":"Safety, Rehabilitation and Compensation (Defence-related Claims) (Weekly Interest on the Lump Sum) Notice 2019","slug":"f2019l01058","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":318375,"registerId":"commonwealth-F2019L01058-current","compilationNumber":null,"startDate":"2026-04-08","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Safety, Rehabilitation and Compensation (Defence-related Claims) (Weekly Interest on the Lump Sum) Notice 2019","content":"# ![](image.001.png)\n\nAustralian Government\n\nSafety, Rehabilitation and Compensation (Defence-related Claims) (Weekly Interest on the Lump Sum) Notice 2019\n\nInstrument 2019 No. M38\n\nI, Darren Chester, Minister for Veterans and Defence Personnel, make the following legislative instrument under subsection 21(5) of the Safety, Rehabilitation and Compensation (Defence-related Claims) Act 1988.\n\nDated this 6th day of August 2019.\n\nDarren Chester\n\nDARREN CHESTER\n\nMinister for Veterans and Defence Personnel\n\n#   \n\n1 Name\n\nThis instrument is the Safety, Rehabilitation and Compensation (Defence-related Claims) (Weekly Interest on the Lump Sum) Notice 2019.\n\n2 Commencement\n\nThis instrument is taken to have commenced on 1 July 2019.\n\n3 Revocation\n\nThis instrument is revoked on 30 June 2020.\n\n4 Authority\n\nThis instrument is made under subsection 21(5) of the Safety, Rehabilitation and Compensation (Defence-related Claims) Act 1988 (the Act).\n\n5 Specified rate of interest\n\nFor the purposes of the definition of weekly interest on the lump sum in subsections 21(3) and 21A(3) of the Act, the rate of 2.52 per cent per annum is specified as the rate that applies for the period of 12 months that commenced on 1 July 2019.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1489},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly the function authorised by subsection 21(5) of the Act—specifying the weekly interest rate for a defined period—without expanding beyond the statutory authority or adding new obligations."},"complexity_factors":["Only 5 short sections with minimal text","Single operative provision (section 5) setting a fixed percentage","No definitions, schedules, or interpretation sections","No conditional logic, exceptions, or cross-referencing within the instrument","Limited temporal scope (fixed 12-month period with automatic revocation)"],"plain_english_summary":"**What it does:** This notice sets the annual interest rate at **2.52%** for calculating \"weekly interest on the lump sum\" payments under the Safety, Rehabilitation and Compensation (Defence-related Claims) Act 1988.\n\n**Who it affects:** Veterans and defence personnel who receive lump sum compensation payments. This rate was used to work out interest owed on those lump sums for a specific 12-month period.\n\n**Why it matters:** The interest rate determines how much extra money is paid on top of lump sum compensation. This particular rate only applied from **1 July 2019 to 30 June 2020** (the instrument automatically revoked itself after that date).\n\n**Key detail:** The rate is specified for one year only and was made retrospectively (it was deemed to have started on 1 July 2019 even though signed in August 2019)."}},"importantCases":[],"_links":{"self":"/api/acts/f2019l01058","history":"/api/acts/f2019l01058/history","analysis":"/api/acts/f2019l01058/analysis","conflicts":"/api/acts/f2019l01058/conflicts","importantCases":"/api/acts/f2019l01058/important-cases","documents":"/api/acts/f2019l01058/documents"}}