AI-assisted research summary: These regulations set how pre-judgment interest rates are determined and require the Inspector of Legal Offices to publish those rates.
1 PRE-JUDGMENT INTEREST P-22.2 REG 1 The Pre-Judgment Interest Regulations being Chapter P-22.2 Reg 1 (effective January 1, 1986) as amended by Saskatchewan Regulations 59/2010. NOTE: This consolidation is not official. Amendments have been incorporated for convenience of reference and the original statutes and regulations should be consulted for all purposes of interpretation and application of the law. In order to preserve the integrity of the original statutes and regulations, errors that may have appeared are reproduced in this consolidation. 2 P-22.2 REG 1 PRE-JUDGMENT INTEREST CHAPTER P-22.2 REG 1 The Pre-judgment Interest Act Title 1 These regulations may be cited as The Pre-judgment Interest Regulations. Interest rates 2 The interest rate for each three-month period commencing with the three-month period that begins on January 1, 1986 is the average yield announced by the Bank of Canada in respect of the last weekly Government of Canada tender of 91-day Canada Treasury Bills that occurs prior to the commencement of the interest period. 13 Dec 85 cP-22.2 Reg 1 s2. Publication of interest rates 3(1) In this section, “three-month period” means a three-month period mentioned in section 2. (2) As soon as is practicable after the interest rate for a three-month period is determined pursuant to section 2, the Inspector of Legal Offices shall publish in Part I of the Gazette a notice of that interest rate together with the interest rates for the three preceding three-month periods. (3) The Inspector of Legal Offices shall cause the Queen’s Printer to publish on the Queen’s Printer website a cumulative notice of all interest rates determined pursuant to section 2 commencing with the three-month period that begins on January 1, 1986. 11 Jne 2010 SR 59/2010 s2. REGINA, SASKATCHEWAN Printed by the authority of THE QUEEN’S PRINTER Copyright©2010