S.I. No. 129/1993 - Post Office Savings Bank (Interest on Deposits) (No. 2) Regulations, 1993.

1. These Regulations may be cited as the Post Office Savings Bank (Interest on Deposits) (No. 2) Regulations, 1993.

2. These Regulations shall come into operation on the 18th day of May, 1993.

3. The rate of interest on a deposit within the meaning of

section 14

(1) of the

Finance Act, 1948

, is hereby prescribed as 3.5 per cent per annum.

4. The Post Office Savings Bank (Interest on Deposits) Regulations, 1993 (

S.I. No. 106 of 1993

), are hereby revoked.

GIVEN under the Seal of the National Treasury Management Agency

this 17th day of May, 1993.

ANNE COUNIHAN,

Director

JIM FARRELL,

Director.

S.I. No. 129 of 1993.

POST OFFICE SAVINGS BANK (INTEREST ON DEPOSITS) (NO. 2) REGULATIONS, 1993.

The National Treasury Management Agency, in exercise of its powers under the

National Treasury Management Agency Act, 1990

and the

National Treasury Management Agency Act, 1990

(Delegation of and Declaration as to Functions) Order, 1990, hereby makes the following Regulations