Document ID: chunk:federal_register_of_legislation:F2023C00950:reg:9:p2
Version: federal_register_of_legislation:F2023C00950
Segment Type: reg
Provision Reference: reg 9 (pt 2/2)
Character Range: 10968–11571

(if any) worked out for each earlier financial year for which interest is payable.
days interest payable means the number of days in the financial year for which interest is payable.
days in the financial year means the number of days in the financial year.
interest rate, for a financial year, means:
 (a) the percentage change in the CPI number between the 2 March quarters most recently published before the first day of the financial year (rounded up to 4 decimal places); or
 (b) if that percentage change is less than 0%—0%.

Part 5—Payment of low balances in inactive accounts to the Commissioner