Federal Register of Legislation
Veterans' Entitlements (Pension Loans Scheme—Rate of Compound Interest) Determination 2018
I, Paul Fletcher, Minister for Families and Social Services, make the following Determination.
Dated 25 November 2018
Paul Fletcher Minister for Families and Social Services
Contents 1 Name 2 Commencement 3 Authority 4 Schedules 5 Rate of compound interest Schedule 1—Repeals Pension Loans Scheme (Veterans' Entitlements)—Rate of Compound Interest Determination No. 2 of 1997
1 Name This instrument is the Veterans' Entitlements (Pension Loans Scheme—Rate of Compound Interest) Determination 2018.
2 Commencement This instrument commences on the day after it is registered.
3 Authority This instrument is made under subsection 52ZC(4) of the Veterans' Entitlements Act 1986.
4 Schedules Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
5 Rate of compound interest For the purposes of subsection 52ZC(4) of the Veterans' Entitlements Act 1986, the rate of compound interest is 5.25 per cent per annum.
Schedule 1—Repeals
Pension Loans Scheme (Veterans' Entitlements)—Rate of Compound Interest Determination No. 2 of 1997
1 The whole of the instrument Repeal the instrument.
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