XN000022-1984-02-10 — Page 4

Daily Information Bulletin 新聞公報 All

FRIDAY, FEBRUARY 10, 1984

3

TAX RESERVE INTEREST NOW 7.8 PER CENT

****

THE TAX-FREE INTEREST RATE PAYABLE FROM TODAY (FEBRUARY 10) ON TAX RESERVE CERTIFICATES HAS BEEN REDUCED TO 7.8 PER CENT, AS AGAINST THE PREVIOUS RATE OF 9.6 PER CENT.

A NOTICE OF THIS APPEARS IN TODAY'S GOVERNMENT GAZETTE.

INTEREST ON TAX RESERVE CERTIFICATES IS CALCULATED IN MONTHLY STEPS AND THE NEW RATE WILL BE 65 CENTS PER MONTH PER $100.

INTEREST WILL BE CREDITED AS BEFORE IN RESPECT OF COMPLETED MONTHS BETWEEN PURCHASE AND SURRENDER IN PAYMENT OF TAX, THE COMMISSIONER FOR INLAND REVENUE EXPLAINED,

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 ADDED.

CERTIFICATES ISSUED BEFORE TODAY WILL CONTINUE TO EARN INTEREST AS FOLLOWS:-

8.16%

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 16TH OCTOBER 1980 AND BEFORE 21ST NOVEMBER 1980;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 21ST NOVEMBER 1980 AND BEFORE 31ST JULY 1981;

9.84%

13.2%

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 31ST JULY 1981 AND BEFORE 16TH OCTOBER 1981;

14.49%

12%

10.8%

99%

7.8%

10.2%

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 16TH OCTOBER 1981 AND BEFORE 4TH DECEMBER 1981;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 4TH DECEMBER 1981 AND BEFORE 4TH JUNE 1982;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 4TH JUNE 1982 AND BEFORE 27TH AUGUST 1982;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 27TH AUGUST 1982 AND BEFORE 3RD DECEMBER 1982;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 3RD DECEMBER 1982 AND BEFORE 27TH MAY 1983;

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 27TH MAY 1983 AND BEFORE 28TH OCTOBER 1983;

12%

9.6%

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 28TH OCTOBER 1983 AND BEFORE 7TH NOVEMBER 1983; AND

PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER 7TH NOVEMBER 1983 AND BEFORE 10TH FEBRUARY 1984

!

BUT ALWAYS

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.