The choice of the fair market rate was deliberate, because the drafters informed us that an interest rate does not have a value per se, so that's why the bill that was introduced didn't refer to commercial value.
Counsel, Legislation and House Planning, Privy Council Office
The choice of the fair market rate was deliberate, because the drafters informed us that an interest rate does not have a value per se, so that's why the bill that was introduced didn't refer to commercial value.
See context to find out what was said next.