Document ID: chunk:federal_register_of_legislation:C2015A00156:clause:1_79
Version: federal_register_of_legislation:C2015A00156
Segment Type: clause
Provision Reference: sch 1 cl 79
Character Range: 14500–15334

79  Before subsection 559(4)
Insert:

Interest
 (3A) If:
 (a) an amount is paid to a person under subsection (3) at a particular time; and
 (b) the amount is at least $100; and
 (c) the amount is attributable to an amount that was paid to the Commonwealth under subsection (1) more than 6 months before that time;
the Fair Work Ombudsman, on behalf of the Commonwealth, must also pay to the person the amount of interest (if any) worked out in accordance with an instrument under subsection (3B).
 (3B) The Minister may make an instrument for the purposes of subsection (3A).
 (3C) An instrument under subsection (3B) may involve different rates of interest for different periods over which the interest accrues. For this purpose, rate includes a nil rate.
 (3D) An instrument made under subsection (3B) is a legislative instrument.