{"id":"F2016L01104","name":"Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2016","slug":"safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":129364,"registerId":"commonwealth-F2016L01104-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2016","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.png)\n\n \n\nSafety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2016\n\n \n\n \n\nI, MICHAELIA CASH, Minister for Employment, make this Notice under subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988.\n\n \n\nDated        27 June    2016\n\n \n\nMichaelia Cash\n\n \n\nMichaelia Cash\n\n \n\nMinister for Employment\n\n \n\n \n\n \n\n \n\n1. Name of Notice\n\nThis Notice is the Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2016.\n\n \n\n2. Commencement\n\n This Notice commences on 1 July 2016.\n\n \n\n3. Cessation\n\n This Notice ceases to have effect after 30 June 2017.\n\n \n\n4. Specification\n\nFor subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988, I specify that the rate of ‘weekly interest on the lump sum’ is 2.72 per cent per annum.\n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2087},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The notice performs exactly the narrow function authorized by section 21(5) of the SRC Act: specifying a single numerical interest rate for a finite period. There is no expansion beyond the original statutory intent."},"complexity_factors":["Single operative provision consisting of one sentence","No interpretation section or defined terms","No cross-references to other legislation aside from the enabling provision (subsection 21(5))","Automatic sunset clause (cessation date) requiring no further action to repeal"],"plain_english_summary":"This notice, under the Safety, Rehabilitation and Compensation Act 1988, temporarily set the interest rate used to calculate lump-sum redemptions of weekly workers’ compensation at 2.72% p.a. for Commonwealth employees (and some former employees) who converted benefits between 1 July 2016 and 30 June 2017. It determined the amount those claimants received and expired on 30 June 2017."}},"importantCases":[],"_links":{"self":"/api/acts/safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016","history":"/api/acts/safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016/history","analysis":"/api/acts/safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016/analysis","conflicts":"/api/acts/safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016/conflicts","importantCases":"/api/acts/safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016/important-cases","documents":"/api/acts/safety-rehabilitation-and-compensation-weekly-interest-on-the-lump-sum-notice-2016/documents"}}