8Interest payable on compensation—interests other than mortgage interests

8 Interest payable on compensation—interests other than mortgage interests

For the purposes of subsection 91(2) of the Act, the rate of interest payable on compensation is the rate set out for Commonwealth government 5‑year bonds in the table Capital Market Yields—Government Bonds—Monthly—F2.1, published by the Reserve Bank of Australia, in respect of a month in respect of which the Commonwealth is liable to pay compensation to the relevant claimant under Part VII of the Act.

Note: The table could in 2018 be viewed on the Reserve Bank of Australia website (http://www.rba.gov.au/statistics/tables/#interest‑rates).