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    HK Cap. 112AH

    HK Cap. 112AH — Rate of Deductible Interest Notice

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    Rate of Deductible Interest Notice ( Cap. 112 , section 16(2)(b) ) (Enacting provision omitted— E.R. 5 of 2020 ) [1 December 2002] (Format changes— E.R. 5 of 2020 ) 1. (Omitted as spent— E.R. 5 of 2020 ) 2. Specified rate of interest The rate of interest specified for the purpose of section 16(2)(b) of the Ordinance shall be the highest interest rate on Hong Kong dollar savings account as quoted from time to time by the banks set out in the Schedule to the Legal Tender Notes Issue Ordinance ( Cap. 65 ).

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