Public Trustee (Rate of Interest under Section 12(1)) Notification 2012

Status:

Published in Subsidiary Legislation Supplement
on 20 Dec 2012

No. S 641

Public Trustee Act

(CHAPTER 260)

Public Trustee
(Rate of Interest under Section 12(1))
Notification 2012

In exercise of the powers conferred by section 12(1) of the Public Trustee Act, the Minister for Law hereby makes the following Notification:

Citation and commencement

1. This Notification may be cited as the Public Trustee (Rate of Interest under Section 12(1)) Notification 2012 and shall come into operation on 1st January 2013.

Appointment of rate of interest

2. For the purpose of section 12(1) of the Act, the rate of interest payable to the respective estates the moneys of which form part of the common fund shall be 1.81% per annum for the year 2013.

Made this 19th day of December 2012.

BEH SWAN GIN

Permanent Secretary,
Ministry of Law,
Singapore.

[GF 2002/001/Vol. 4; AG/LLRD/SL/260/2010/2 Vol. 1]

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