FRIDAY, OCTC.
28, 1983
3
9% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
30TH MAY 1980 AND BEFORE 27TH JUNE 1980;
7.2% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
27TH JUNE 1980 AND BEFORE 30TH JULY 1980;
6.24% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
30TH JULY 1980 AND BEFORE 16TH OCTOBER 1980;
8.16% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
16TH OCTOBER 1980 AND BEFORE 21ST NOVEMBER 1980;
9.84% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 21ST NOVEMBER 1980 AND BEFORE 31ST JULY 1981;
13.2% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
31ST JULY 1981 AND BEFORE 16TH OCTOBER 1981;
14.4% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
16TH OCTOBER 1981 AND BEFORE 4TH DECEMBER 1981;
12% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
4TH DECEMBER 1981 AND BEFORE 4TH JUNE 1982 ;
10.8% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
4TH JUNE 1982 AND BEFORE 27TH AUGUST 1982;
9% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
27TH AUGUST 1982 AND BEFORE 3RD DECEMBER 1982;
7.8% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
3RD DECEMBER 1982 AND BEFORE 27TH MAY 1983; AND
10.2% PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER
27TH MAY 1983 AND BEFORE 28TH OCTOBER 1983
BUT 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 28TH OCTOBER 1983, 28TH NOVEMBER 1983 AND 28TH DECEMBER 1983 RESPECTIVELY, SURRENDER IN PAYMENT OF TAX DUE ON 28TH JANUARY” 1984 WILL HAVE INTEREST CALCULATED AS FOLLOWS :-
ON $1 000, 28TH OCTOBER 1983 TO 28TH JANUARY 1984,
3 COMPLÉTE MONTHS AT $10 PER MONTH
- $30
ON $1 000, 28TH NOVEMBER 1983 TO 28TH JANUARY 1984,
2 COMPLETE MONTHS AT $10 PER MONTH
- $20
ON $1 000 28TH DECEMBER 1983 TO 28TH JANUARY 1984,
1 COMPLETE MONTH AT $10 PER MON TH
$10
$60
14
No comments yet.
Private notes are available after approval.