Prescribed Rate of Interest

September 2019

Notice from the Department of Justice and Constitutional Development regarding the amendment to the prescribed rate of interest:

Herewith an extract from the Government Gazette of 20 September 2019, in terms whereof Section 1(1) of the Prescribed Rate of Interest Act, 1975, is amended to reflect 10 per cent per annum as from 1 September 2019.

Government Gazette: Prescribed Rate of Interest

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