Commonwealth Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FEDERAL COURT RULES 2011 (SLI NO 134 OF 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



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback