# The Collection Fund (England) Regulations 1989, Regulation 12: Holdings and investments


Interest on the amount retransferred shall be calculated for the purposes of regulation 11(2) for the period beginning with the date of its transfer from the collection fund under regulation 10 and ending with the day before the day on which the retransfer is made under regulation 11 at the 7 day London Interbank Offer Rate having effect immediately before the end of the day on which the transfer from the collection fund was made.

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Source: https://www.legislation.gov.uk/uksi/1989/2336/regulation/12 (the official version)
Page: https://openlegislation.uk/collection-fund-england-regulations-1989/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.