45
In forceInterest
Part 5Benefits
45 Interest
(1)
STC may, when paying a benefit under this Act, pay interest at such rates, for such periods and in such circumstances as in its absolute discretion it thinks appropriate.
(2)
In paying interest under this section, STC may have regard to the treatment under section 16 of an account or reserve, or any part of an account or reserve, from which any part of the benefit is paid.
This Act’s bill:Explanatory memorandum
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