10
TUESDAY, APRIL 2, 1985
7.56%%
7.08%
6.6
5.52%
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 28 NOVEMBER 1984 AND BEFORE 28 DECEMBER 1984;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 28 DECEMBER 1984 AND BEFORE 16 JANUARY 1985; PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 16 JANUARY 1985 AND BEFORE 30 JANUARY 1985; AND
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 30 JANUARY 1985 AND BEFORE 3 APRIL 1985
BU ALWAYS SUBJECT TO THE GENERAL RULE THAT INTEREST CEASES TO ACCRUE AFTER 36 COMPLETED MONTHS WITHOUT SURRENDER FOR PAYMENT OF TAX.
EXAMPLE: $1 000 CERTIFICATES PURCHASED ON 3 APRIL 1985,
3 MAY 1985 AND 3 JUNE 1985 RESPECTIVELY, SURRENDER IN PAYMENT OF TAX DUE ON 2 JULY 1985 WILL HAVE INTEREST CALCULATED AS FOLLOWS:-
ON $1 000, 3 APRIL 1985 TO 2 JULY 1985 3 COMPLETE MONTHS AT $4.20 PER MONTH
ON $1 000, 3 MAY 1985 TO 2 JULY 1985
2 COMPLÉTE MONTHS AT $4.20 PER MONTH
ON $1 000, 3 JUNE 1985 TO 2 JULY 1985 1 COMPLÉTE MONTH AT $4.20 PER MONTH
$12.60
$ 8.40
$ 4.20
+
$25.20
DISTRICT BOARD ELECTS CHAIRMAN
*****
MR STEPHEN WONG YUEN-CHEUNG WAS ELECTED CHAIRMAN OF THE
TAI PO DISTRICT BOARD AT A MEETING TODAY (TUESDAY).
THE TA PO DISTRICT BOARD WILL HOLD ITS SECOND MEETING ON APRIL 23.
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