RTA · Security Deposit Interest Rate Regulation
1 Alberta King's Printer Suite 700, Park Plaza Edmonton, AB T5K 2P7 Phone: 780-427-4952 E-mail: kings-printer@gov.ab.ca Shop on-line at kings-printer.alberta.ca Province of Alberta Extract Alberta Regulation 190/2004 Filed on September 4, 2004, in force Nov
Act and section 50(1) of the Mobile Home Sites Tenancies Act, the
annual rate of interest is as follows:
(a) for the period January 1, 1984 to February 28, 1987, 8%;
(b) for the period March 1, 1987 to January 31, 1993, 6%;
(c) for the period February 1, 1993 to June 30, 1994, 3%;
(d) for the period July 1, 199 4 to December 31, 1994, 1 1/2%;
(e) for the period January 1, 1995 to December 31, 2004, the
rate determined under subsection (2).
(2) The annual rate of interest for a year to which subsection (1)(e)
applies is the rate that is 3 1/2% below the rate of interest that is in
effect in December of the previous year for Alberta Savings
Certificates or any security issued in that previous year to replace
those certificates.