Rate of Interest (No. 2) Order 1992

Revoked by LN.1993/028

LN.1992/148

In exercise of the powers conferred on me by section 9A of the Savings Bank Act, and of all other enabling powers, I have made the following Order-­

Title.

This Order may be cited as the Rate of Interest (No. 2) Order 1992.

Rate of Interest on On Call Investment Accounts.

2. The rate of interest on deposits in On Call Investment Accounts in the Savings Bank shall, with effect from the 1st day of December 1992, be 7% per annum and such rate shall apply to deposits received at or before as well as after the date of the Order.

Revocation of Legal Notice No. 90 of 1992.

3. With effect from the 1st day of December, Legal Notice No. 90 of 1992 is revoked.

Dated this 26th day of November 1992.

A. CARTER,

Acting Governor.