ON
TUESD
. APRIL 23, 1985
INTEREST IS ONLY CREDITED WHEN CERTIFICATES ARE USED TO PAY TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A CERTIFICATE IS REPAID BY A CHEQUE, HE SAID,
THE NEW RATE WILL APPLY TO ALL CERTIFICATES ISSUED ON OR AFTER APRIL 24, 1985.
CERTIFICATES WHICH WERE ISSUED BEFORE APRIL 24, 1985 WILL CONTINUE TO EARN INTEREST AS FOLLOWS:-
5.16% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 23, 1984 AND BEFORE MAY 18, 1984;
8.4 % PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
MAY 18, 1984 AND BEFORE JULY 6, 1984;
10.08% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JULY 6, 1984 AND BEFORE JULY 13, 1984;
12.84% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
JULY 13, 1984 AND BEFORE AUGUST 10, 1984;
10.8 % PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
AUGUST 10, 1984 AND BEFORE AUGUST 31, 1984;
9.6 % PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
AUGUST 31, 1984 AND BEFORE OCTOBER 5, 1984;
8.52% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
OCTOBER 5, 1984 AND BEFORE OCTOBER 31, 1984;
8.04% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
OCTOBER 31, 1984 AND BEFORE NOVEMBER 28, 1984;
7.56% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
NOVEMBER 28, 1984 AND BEFORE DECEMBER 28, 1984;
7.08% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
DECEMBER 28, 1984 AND BEFORE JANUARY 16, 1985;
6.6 % PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER JANUARY 16, 1985 AND BEFORE JANUARY 30, 1985;
5.52% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
JANUARY 30, 1985 AND BEFORE APRIL 3, 1985; AND
5.04% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER APRIL 3, 1985 AND BEFORE APRIL 24, 1985
BUT ALWAYS SUBJECT TO THE GENERAL RULE THAT INTEREST CEASES TO ACCRUE AFTER 36 COMPLETED MONTHS WITHOUT SURRENDER FOR PAYMENT OF TAX.
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