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No. S 791

Public Trustee Act

(Chapter 260)

Public Trustee (Rate of Interest under Section 12(1)) Notification 2010

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 2010 and shall come into operation on 1st January 2011.

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 2.82% per annum for the year 2011.

Made this 23rd day of December 2010.

PANG KIN KEONG

Permanent Secretary,
Ministry of Law,
Singapore.

[LAW 20/004/005 Vol. 3; AG/LLRD/SL/260/2010/2 Vol. 1]