Federal Register of Legislation - Australian Government

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Notices & Notifications as made
This Notice specifies a new deeming rate for interest earned on superannuation lump sums which is used to calculate incapacity benefits made under the Safety, Rehabilitation and Compensation Act 1988. This Notice applies for the period 1/07/2007 to 30/06/2008.
Administered by: Employment
Registered 27 Apr 2007
Tabling HistoryDate
Tabled HR08-May-2007
Tabled Senate09-May-2007
Date of repeal 19 Mar 2014
Repealed by Employment (Spent and Redundant Instruments) Repeal Regulation 2014

 

 

 

Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2007 (2)

 

Notice No. 2 of 2007

I, JOE HOCKEY, Minister for Employment and Workplace Relations, make this Notice under subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988.

Dated 20 April 2007.

 

 

JOE HOCKEY

Minister for Employment and Workplace Relations

1                    Name of Notice

This Notice is the Safety, Rehabilitation and Compensation (Weekly Interest on the Lump Sum) Notice 2007(2).

 

2                    Commencement and Cessation

This Notice commences on 1 July 2007 and ceases to have effect after 30 June 2008.

 

3                    Specified Rate

For subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988, I specify the rate of weekly interest on the lump sum to be 5.72%.