s 48
In forceSimplified outline
Part 6Crediting of interest
Division 5Crediting of interest
48 Simplified outline
The following is a simplified outline of this Division:
• Interest accrues to an account on the daily balance of the account. Interest only accrues on the first $1,200 of the balance of the account.
• Interest is credited each quarter on the allocation day.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.