# Finance Act 1968, Paragraph 5


There will be a monthly prize fund which will be determined by calculating one month’s interest on each bond eligible for the draws in that month. The rate of interest will be 45/8% per annum or such other rate as may be prescribed under the provisions of paragraph 15 below.

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Source: https://www.legislation.gov.uk/ukpga/1968/44/schedule/18/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-1968/schedule-18/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.