S.I. No. 9/1992 -- Post Office Savings Bank (Interest on Deposits) Regulations, 1992.
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S.I. No. 9/1992: POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) REGULATIONS, 1992. |
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POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) REGULATIONS, 1992. |
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The National Treasury Management Agency, in exercise of the powers of the Minister for Finance under Section 9 (1) of the Finance (No. 2) Act, 1968 (No. 37 of 1968), delegated to it by section 5 (1) of the National Treasury Management Agency Act, 1990 (No. 18 of 1990) and the National Treasury Management Agency Act, 1990 (Delegation of and Declaration as to Functions) Order, 1990 ( S.I. No. 277 of 1990 ), hereby makes the following Regulations: |
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1. These Regulations may be cited as the Post Office Savings Bank (Interest on Deposits) Regulations, 1992. |
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2. These Regulations shall come into operation on the 1st day of February, 1992. |
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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 6.0 per cent per annum. |
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4. The Post Office Savings Bank (Interest on Deposits) (No. 3) Regulations, 1991 ( S.I. No. 258 of 1991 ), are hereby revoked. |
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GIVEN under the Seal of the National Treasury Management Agency, this 23rd day of January, 1992. |
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MICHAEL J. SOMERS, |
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Chief Executive. |
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