LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 
- In force under the Loan (Income Equalization Deposits) Act 1976 
- Updated as at 15 September 1993 (#DATE 15:09:1993) 

*1* The Loan (Income Equalization Deposits) Regulations (in force under the
Loan (Income Equalization Deposits) Act 1976) as shown in this reprint
comprise Statutory Rules 1980 No. 228 amended as indicated in the Tables
below.

                     Table of Statutory Rules

    Year and         Date of          Date of          Application,

    number           notification     commencement     saving or

                     in Gazette                        transitional

                                                       provisions

    1980 No. 228     7 Aug 1980       7 Aug 1980

    1981 No. 302     23 Oct 1981      23 Oct 1981      -

    1983 No. 140     19 Aug 1983      1 Sept 1983      -

             348     30 Dec 1983      1 Jan 1984       -

    1984 No. 51      30 Mar 1984      1 Apr 1984       -

             129     29 June 1984     29 June 1984     -

             218     31 Aug 1984      1 Sept 1984      -

    1989 No. 135     30 June 1989     30 June 1989     -

    1993 No. 99      3 June 1993      19 Aug 1992      -

                       Table of Amendments

    ad=added or inserted am=amended rep=repealed rs=repealed and substituted

    Provision affected           How affected

    Rr. 1A, 1B                   ad. 1989 No. 135

    R. 2                         am. 1981 No. 302

                                 rs. 1983 No. 140

                                 am. 1983 No. 348; 1984 No. 51

                                 rs. 1984 Nos. 129 and 218

    R. 3                         ad. 1989 No. 135

    R. 4                         ad. 1989 No. 135

                                 am. 1993 No. 99

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - TABLE OF PROVISIONS 

TABLE

                   TABLE OF PROVISIONS

Regulation

    1.    Citation

   1A.    Interpretation

   1B.    Prescribed percentage - definition of "investment component"

    2.    Rates of interest payable in respect of deposits

    3.    Fee for application to make a deposit

    4.    Prescribed percentage - paragraph 20B (1) (c) of the Act

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - REG 1 
Citation 


  1. These Regulations may be cited as the Loan (Income Equalization Deposits)
Regulations. *1*
SEE NOTES TO FIRST ARTICLE OF THIS CHAPTER .

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - REG 1A 
Interpretation 


  1A. In these Regulations, unless the contrary intention appears:

  "the Act" means the Loan (Income Equalization Deposits) Act 1976.

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - REG 1B 
Prescribed percentage - definition of "investment component" 


  1B. For the purposes of the definition of "investment component" in section
3 of the Act, the following percentage is prescribed, namely, 61%.

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - REG 2 
Rates of interest payable in respect of deposits 


  2. For the purposes of subsection 4 (4) of the Loan (Income Equalization
Deposits) Act 1976, interest is payable:

  (a) at the rate of 5.5 per centum per annum in respect of deposits accepted
before 1 September 1983; and

  (b) at the rate of 7.5 per centum per annum in respect of deposits accepted
on or after 1 September 1983.

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - REG 3 
Fee for application to make a deposit 


  3. For the purposes of paragraph 10 (b) of the Act, the following fee is
prescribed, namely, $20.

LOAN (INCOME EQUALIZATION DEPOSITS) REGULATIONS 1980 - REG 4 
Prescribed percentage - paragraph 20B (1) (c) of the Act 


  4. For the purposes of paragraph 20B (1) (c) of the Act, the following
percentage is prescribed, namely, 20%.