15Interest on contributions

### 15 Interest on contributions > > (1)  A member to whom this Part applies who makes contributions to the PS Fund is entitled to the payment of interest on the amount of those contributions. > > > (2)  For the purposes of [subregulation (1)](#GS15@Gs1@EN)  – > > > > > > (a) the interest on the amount of contributions must be at such rate and be subject to such conditions as the Commission, on the advice of the Actuary, determines; and > > > > > > > (b) the rate of interest so determined may be either a positive or negative rate of interest; and > > > > > > > (c) the interest in respect of – > > > > > > > > > > (i) contributions paid before 1 July 1990 accrues on and after that day; and > > > > > > > > > > > (ii) contributions paid on and after 1 July 1990 accrues on and after the day on which those contributions are paid.