S.I. No. 103/1991 -- Post Office Savings Bank (Interest on Deposits) (No. 2) Regulations, 1991.
|
S.I. No. 103/1991: POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) (NO. 2) REGULATIONS, 1991. |
||
|
POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) (NO. 2) REGULATIONS, 1991. |
||
|
The National Treasury Management Agency, in exercise of the powers conferred on it by section 9 (1) of the Finance (No. 2) Act, 1968 (No. 37 of 1968), 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: |
||
|
1. These Regulations may be cited as the Post Office Savings Bank (Interest on Deposits) (No. 2) Regulations, 1991. |
||
|
2. These Regulations shall be deemed to have come into operation on the 24th day of April, 1991. |
||
|
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 6.25 per cent. per annum. |
||
|
4. The Post Office Savings Bank (Interest on Deposits) Regulations, 1991 ( S.I. No. 44 of 1991 ), are hereby revoked. |
||
|
GIVEN under the Seal of the National Treasury Management Agency |
||
|
this 26th day of April, 1991. |
||
|
MICHAEL J. SOMERS, |
||
|
Chief Executive. |
||
|
|