Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2017
1Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2017
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Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2017
I, MICHAELIA CASH, Minister for Employment, make the following Notice.
Dated 14 June 2017
Michaelia Cash
Minister for Employment
1 Name
This instrument is the Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2017.
2 Commencement
This instrument commences on 1 July 2017.
3 Repeal
This instrument is repealed at the start of 1 July 2018.
4 Authority
This instrument is made under subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988 (‘the Act’).
5 Specified rate
For the purposes of the definition of weekly interest on the lump sum in subsections 21(3) and 21A(3) of the Act, the rate of 2.37 per cent per annum is specified.