36Simplified outline

#### 36 Simplified outline The following is a simplified outline of this Part: • Interest is funded by crediting amounts to the Special Account. • Interest accrues to an account on the daily balance of the account. Interest only accrues on the first $1,200 of the balance of the account. • Interest is credited each quarter on the allocation day. • The allocation day is published in the Gazette. • The rate at which interest accrues is called the allocation rate. • The allocation rate is published in the Gazette. • Interest will not accrue to an account in the following cases: (a) a deposit is refunded; (b) a shortfall component is incorrectly credited to the account; (c) the $1,200 limit has been avoided by the use of multiple accounts.