South Australian Consolidated Acts

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HOUSING LOANS REDEMPTION FUND ACT 1962 - SCHEDULE

Schedule—Schedule of contribution rates

(Dollars per annum per $1 000 of advance which is outstanding at the time contributions or increased contributions are commenced and subject to contribution)


Unexpired period of advance in years

Age of borrower in completed years when commencing to contribute

25 and under

26

27

28

29

30

31

32

33

34

35

10 and under

1.50

1.55

1.60

1.65

1.70

1.75

1.80

1.85

1.90

1.95

2.00

11

1.50

1.55

1.60

1.65

1.70

1.75

1.80

1.85

1.95

2.00

2.05

12

1.55

1.60

1.60

1.65

1.75

1.80

1.85

1.90

2.00

2.05

2.10

13

1.55

1.60

1.65

1.70

1.75

1.80

1.85

1.95

2.00

2.05

2.15

14

1.55

1.60

1.65

1.70

1.75

1.85

1.90

2.00

2.05

2.10

2.25

15

1.60

1.65

1.70

1.75

1.80

1.90

1.95

2.05

2.10

2.20

2.30

16

1.60

1.65

1.70

1.80

1.85

1.95

2.00

2.10

2.20

2.30

2.40

17

1.60

1.70

1.75

1.80

1.90

1.95

2.05

2.15

2.25

2.35

2.45

18

1.65

1.70

1.75

1.85

1.90

2.00

2.10

2.20

2.30

2.40

2.55

19

1.70

1.75

1.80

1.90

1.95

2.05

2.15

2.25

2.35

2.50

2.60

20

1.70

1.75

1.80

1.90

2.00

2.10

2.20

2.30

2.45

2.55

2.70

21

1.70

1.80

1.85

1.95

2.05

2.15

2.25

2.35

2.50

2.65

2.80

22

1.75

1.80

1.90

2.00

2.10

2.20

2.30

2.45

2.60

2.75

2.90

23

1.75

1.85

1.95

2.05

2.15

2.25

2.35

2.50

2.65

2.80

3.00

24

1.80

1.90

2.00

2.10

2.20

2.30

2.45

2.60

2.75

2.90

3.10

25

1.85

1.95

2.05

2.15

2.25

2.35

2.50

2.65

2.80

3.00

3.25

26

1.90

1.95

2.05

2.15

2.30

2.40

2.55

2.70

2.90

3.10

3.35

27

1.90

2.00

2.10

2.20

2.35

2.50

2.65

2.80

3.00

3.25

3.50

28

1.95

2.05

2.15

2.25

2.40

2.55

2.70

2.90

3.15

3.40

3.65

29

2.00

2.10

2.20

2.30

2.45

2.60

2.80

3.00

3.25

3.55

3.80

30

2.00

2.10

2.25

2.40

2.55

2.70

2.90

3.10

3.40

3.70

4.00

31

2.05

2.15

2.30

2.45

2.60

2.80

3.00

3.25

3.55

3.85

—

32

2.10

2.25

2.35

2.50

2.70

2.90

3.10

3.35

3.65

—

—

33

2.15

2.30

2.45

2.60

2.80

3.00

3.20

3.50

—

—

—

34

2.25

2.35

2.50

2.70

2.90

3.10

3.35

—

—

—

—

35

2.30

2.40

2.60

2.80

3.00

3.25

—

—

—

—

—

36

2.35

2.50

2.70

2.90

3.15

—

—

—

—

—

—

37

2.45

2.60

2.80

3.05

—

—

—

—

—

—

—

38

2.55

2.75

2.95

—

—

—

—

—

—

—

—

39

2.65

2.85

—

—

—

—

—

—

—

—

—

40

2.75

—

—

—

—

—

—

—

—

—

—

1         Where the amount of advance which is outstanding at the time contributions are commenced or increased and subject to contribution is not an exact multiple of $2 000, the annual premium shall be calculated to the nearest ten cents, five cents being taken to the next higher multiple of ten cents.

2         Where the unexpired period of the advance subject to contribution, at the time contributions are commenced or increased, is not an exact number of years, the fractional period of a year shall be counted as a further whole year for the purpose of determining the contribution rate.


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