Prescribed Rate of Interest Act, 1975 (Act No. 55 of 1975)

Notices

Prescribed Rate of Interest - 1 July 2020

Notice No. R. 1067 of 2020
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Notice No. R. 1067

9 October 2020

GG 43781

 

Department of Justice and Constitutional Development

 

(1) Under section 1(2)(b) of the Prescribed Rate of Interest Act, 1975 (Act No. 55 of 1975), I, Ronald Lamola, Minister of Justice and Correctional Services, hereby publish a rate of interest of 7,25 percent per annum as from 1 July 2020 for the purposes of section 1(1) of the said Act.

 

(2) Government Notice No. R 987 of 2020 is hereby withdrawn.

 

 

Mr R O Lamola, MP

Minister of Justice and Correctional Services