CORPORATIONS REGULATIONS 1990 (REPEALED)
CHAPTER 5
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EXTERNAL ADMINISTRATION
PART 5.6
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WINDING UP GENERALLY
REGULATION 5.6.44
5.6.44
DEBT DISCOUNT RATE (CORPORATIONS LAW, S 554B)
The discount by which the amount payable on the future date is to be reduced under section 554B of the Corporations Law is 8% per year calculated from the declaration of the dividend to the time when the debt would have become payable according to the terms on which it was contracted.
The discount by which the amount payable on the future date is to be reduced under section 554B of the Corporations Law is 8% per year calculated from the declaration of the dividend to the time when the debt would have become payable according to the terms on which it was contracted.
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