South Australia
Administration and Probate Regulations 2009
under the Administration and Probate Act 1919

Contents
1	Short title
2	Commencement
3	Interest on pecuniary legacies (section 120A)
Schedule 1—Revocation of Administration and Probate (Interest on Pecuniary Legacies) Regulations 1994
Legislative history

1—Short title
These regulations may be cited as the Administration and Probate Regulations 2009.
2—Commencement
These regulations will come into operation on 1 September 2009.
3—Interest on pecuniary legacies (section 120A)
	(1)	For the purposes of section 120A(1) of the Administration and Probate Act 1919, the rate of interest per annum fixed in any financial year is—
	(a)	for the 6 month period commencing on 1 July—the average mid 180 day bank bill swap reference rate published by AFMA as at the first business day of the period; and
	(b)	for the 6 month period commencing on 1 January—the average mid 180 day bank bill swap reference rate published by AFMA as at the first business day of the period.
	(2)	In this regulation—
AFMA means the Australian Financial Markets Association Limited;
business day means every day except Saturday, Sunday or a public holiday.

Schedule 1—Revocation of Administration and Probate (Interest on Pecuniary Legacies) Regulations 1994
The Administration and Probate (Interest on Pecuniary Legacies) Regulations 1994 are revoked.

Legislative history
Notes
	•	For further information relating to the Act and subordinate legislation made under the Act see the Index of South Australian Statutes or www.legislation.sa.gov.au.
Principal regulations
Year	No	Reference	Commencement	
2009	222	Gazette 27.8.2009 p3867 	1.9.2009:  r 2