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S.I. No. 183/1989 - Trustee Savings Banks (Interest on Deposits in Special Account) (No. 2) Regulations, 1989.

S.I. No. 183 of 1989.

TRUSTEE SAVINGS BANKS (INTEREST ON DEPOSITS IN SPECIAL ACCOUNT) (NO. 2) REGULATIONS, 1989.

I, ALBERT REYNOLDS, Minister for Finance, in exercise of the powers conferred on me by section 9 (2) of the Finance (No. 2) Act, 1968 (No. 37 of 1968), hereby make the following Regulations:

1. These Regulations may be cited as the Trustee Savings Banks (Interest on Deposits in Special Account) (No. 2) Regulations, 1989.

2. These Regulations shall come into operation on the 21st day of July, 1989.

3. The rate of interest on moneys paid by the trustees of every trustee savings bank into the special account referred to in section 31 (3) of the Finance Act, 1940 (No. 14 of 1940), is hereby prescribed as 6.22 per cent. per annum.

4. The Trustee Savings Banks (Interest on Deposits in Special Account) Regulations, 1989 ( S.I. No. 117 of 1989 ), are hereby revoked.

GIVEN under my Official Seal, this 18th day of July, 1989.

ALBERT REYNOLDS,

Minister for Finance.