Rate of Interest (No. 4) Order 1993

Revoked by LN.1999/027

LN.1993/181

In exercise of the powers conferred on him by Section 9A of the Savings Bank Act and of all other enabling powers, the Governor has made the following order-­

Title.

1. This order may be cited as the Rate of Interest (No. 4) Order 1993.

Rate of Interest on On Call Investment Accounts.

2. The rate of interest on deposits in On Call Investment Accounts in the

Savings Bank, shall, with effect from the 1 st day of January, 1994 be 4% per annum and such rate shall apply to deposits received at or before as well as after the date of this order.

Revocation of Legal Notice No. 99 of 1993.

3. With effect from the 1 st day of January, 1994 Legal Notice No. 99 of 1993 is revoked.

Dated this 30th day of December, 1993.

By Command,

A CARTER,

Deputy Governor.