Document ID: chunk:federal_register_of_legislation:C2013C00589:clause:1_338
Version: federal_register_of_legislation:C2013C00589
Segment Type: clause
Provision Reference: sch 1 cl 338
Character Range: 108893–109581

338  Section 40 (simplified outline)
Repeal the simplified outline, substitute:

         • Interest is funded by crediting the net interest amount to the Special Account.
         • An Unallocated Interest Pool is to be kept within the Special Account.
         • Unallocated interest is represented by the balance of the Unallocated Interest Pool.
         • In special cases, the Unallocated Interest Pool may be supplemented by crediting an amount to the Special Account.
         • Since interest only accrues on the first $1,200 of an account balance, it is possible for a surplus to build up in the Unallocated Interest Pool. The surplus can be debited from the Special Account.