Rate of Interest (No. 2) Order 1993

Revoked by LN.1993/099

LN.1993/028

In exercise of the powers conferred on him by section 9A of the Savings Bank Act and of all other enabling powers, the Governor has made the following order­-

Title.

1. This order may be cited as the Rate of Interest (No. 2) Order 1993.

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 March 1993, be 6% per annum and such rate shall apply to deposits received at or before as well as after the date of this order.

Revocation of Legal Notice No. 148 of 1992.

3. With effect from the 1st day of March, 1993, Legal Notice No. 148 of 1992 is revoked.

Dated this 18th day of February, 1993.

By Command,

A. CARTER,

Deputy Governor.