S.I. No. 210/1973 -- Post Office Savings Bank (Interest on Deposits) Regulations, 1973.
|
S.I. No. 210/1973: POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) REGULATIONS, 1973. |
||
|
POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) REGULATIONS, 1973. |
||
|
I, RICHIE RYAN, Minister for Finance, in exercise of the powers conferred on me by section 9 (1) of the Finance (No. 2) Act, 1968 (No. 37 of 1968), hereby make the following regulations: |
||
|
1. These Regulations may be cited as the Post Office Savings Bank (Interest on Deposits) Regulations, 1973. |
||
|
2. These Regulations shall come into operation on the 1st day of August, 1973. |
||
|
3. The rate of interest on a deposit within the meaning of section 14 (1) of the Finance Act, 1948 (No. 12 of 1948), is hereby prescribed as five per cent. per annum. |
||
|
GIVEN under my Official Seal, this 20th day of July, 1973. |
||
|
RICHIE RYAN, |
||
|
Minister for Finance. |
||
|
EXPLANATORY NOTE |
||
|
These regulations prescribe as five per cent. per annum the rate of interest payable on deposits in the Post Office Savings Bank as from 1 August, 1973. |
||
|
|