NSWIn ForceAct
State Authorities Superannuation Act 1987
45Interest
Start here
Get a plain-English read of 45
Turn the raw legal text into a practical explanation grounded in State Authorities Superannuation Act 1987.
45 Interest
45 Interest
(1) STC may, when paying a benefit under this Act, pay interest at such rates, for such periods and in such circumstances as in its absolute discretion it thinks appropriate.
(2) In paying interest under this section, STC may have regard to the treatment under section 16 of an account or reserve, or any part of an account or reserve, from which any part of the benefit is paid.
s 45: Am 1996 No 39, Sch 4; 2002 No 111, Sch 4 [6].