Post Office Monthly Income Accounts: 8.5% annual interest for deposits made on or after 1 April 2012. Amends the Post Office (Monthly Income Account) Rules, 1987 by adding clause (j) to rule 8(1) prescribing 8.5 per cent per annum interest for deposits made on or after 1 April 2012, effected under statutory powers and accompanied by a memorandum certifying no depositor is prejudicially affected by the retrospective operation.
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Post Office Monthly Income Accounts: 8.5% annual interest for deposits made on or after 1 April 2012.
Amends the Post Office (Monthly Income Account) Rules, 1987 by adding clause (j) to rule 8(1) prescribing 8.5 per cent per annum interest for deposits made on or after 1 April 2012, effected under statutory powers and accompanied by a memorandum certifying no depositor is prejudicially affected by the retrospective operation.
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