Rate of Interest (No. 4) Order 1993

Revoked by LN.1993/181

LN.1993/099

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. 4) 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 June 1993, be 5% 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. 28 of 1993.

3. With effect from the 1st day of June, 1993, Legal Notice No. 28 of 1993 is revoked.

Dated this 27th day of May, 1993.

By Command,

A. CARTER,

Deputy Governor.