Federal Register of Legislation - Australian Government

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Notices & Notifications as made
This instrument specifies the rate of weekly interest on the lump sum to be used in calculating compensation for incapacity.
Administered by: Employment
Registered 04 Jun 2009
Tabling HistoryDate
Tabled HR15-Jun-2009
Tabled Senate15-Jun-2009
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Repealed by Employment (Spent and Redundant Instruments) Repeal Regulation 2014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 2009

 

Notice No.  of 2009

 

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

 

Dated     22 May 2009

 

 

 

Julia Gillard

 

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 2009

 

2.         Commencement

            This Notice commences on the later of:

            (a)        1 July 2009; or

            (b)        the day after it is registered on the Federal Register of Legislative                                   Instruments.

           

3.         Cessation

            This Notice ceases to have effect after 30 June 2010.

 

4.         Declaration

            For subsection 21(5) of the Safety, Rehabilitation and Compensation Act 1988,        I specify that the rate of ‘Weekly interest on the lump sum’ to be 5.35%.