41Interest payable on rental bonds—s 173 of Act

#### 41 Interest payable on rental bonds—s 173 of Act 41 Interest payable on rental bonds—s 173 of Act > > (1) The Secretary is to pay interest on an amount of rental bond paid. > > > (2) The rate of interest payable on a rental bond paid is the rate payable by the Commonwealth Bank of Australia on an Everyday Access Account balance of $1,000 as at the last day of the month the interest is being calculated. > > > (3) The interest is to be compounded on 30 June and 31 December each year.