Section 8: Rate of interest
(1) Interest shall be payable at such rate as the Minister may, from time to time, direct.
(2) Interest on deposits shall be calculated up to 31 March in every year and shall then be added to and become part of any principal money remaining on deposit.
Cite this section
Section 8, FEDERAL SAVINGS BANK ACT (1972).
https://repo.podus.ai/laws/federal-savings-bank-act/section/8/