9Interest payable on compensation payable under Part VIII of the Act

9 Interest payable on compensation payable under Part VIII of the Act

For the purposes of subsection 115(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 VIII 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).