Queensland Consolidated Acts

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

CIVIL PROCEEDINGS ACT 2011 - SECT 107

Regulation-making power

107 Regulation-making power

(1) The Governor in Council may make regulations under this Act.
(2) In making a regulation prescribing a discount rate for section 61 , the Governor in Council may prescribe a positive, zero or negative rate.
(3) In recommending the making of a regulation prescribing a discount rate for section 61 , the Minister must have regard to the following factors—
(a) the prevailing rates of inflation;
(b) the prevailing yields on fixed term investments;
(c) the prevailing yields on investments in equities;
(d) the other economic factors the Minister considers are relevant to prescribing an appropriate discount rate.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback