National Savings Scheme interest rates amended: transitional 10.5% then 9%, with monthly accrual and annual credit. The amendment to rule 6(1) substitutes the 15 September 1992 date with 1 October 1992 and replaces clause (ii) with two interest provisions: 10.5% per annum for the period commencing 15 January 2000 up to but before 1 March 2001, and 9% per annum on and from 1 March 2001; interest is allowed for each calendar month on the lowest balance between the close of the tenth day and month-end and is calculated and credited annually. The rules commence on Gazette publication.
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National Savings Scheme interest rates amended: transitional 10.5% then 9%, with monthly accrual and annual credit.
The amendment to rule 6(1) substitutes the 15 September 1992 date with 1 October 1992 and replaces clause (ii) with two interest provisions: 10.5% per annum for the period commencing 15 January 2000 up to but before 1 March 2001, and 9% per annum on and from 1 March 2001; interest is allowed for each calendar month on the lowest balance between the close of the tenth day and month-end and is calculated and credited annually. The rules commence on Gazette publication.
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