Commonwealth Consolidated Regulations

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FEDERAL COURT RULES 2011 - RULE 39.06

Interest on judgment

                   The prescribed rate at which interest is payable under section 52 (2)(a) of the Act is:

                     (a)  for the period from 1 January to 30 June in any year--the rate that is 6% above the cash rate last published by the Reserve Bank of Australia before the period commenced; and

                     (b)  for the period 1 July to 31 December in any year--the rate that is 6% above the cash rate last published by the Reserve Bank of Australia before the period commenced.

Note:          Section 52(2) of the Act provides that interest is payable:

(a)    at such rates as are fixed by the Rules of Court; or

(b)    if the Court, in a particular case, thinks that justice so requires--at such lower rate as the Court determines.

Rules 39.07 - 39.10 left blank



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