The Estate Duty (Northern Ireland) (Interest on Unpaid Duty) (No. 2) Order 1988

• Citation: S.I. 1988/1620
• Sections: 3

Section 1

This Order may be cited as the Estate Duty (Northern Ireland) (Interest on Unpaid Duty) (No. 2) Order 1988 and shall come into force on 6th October 1988.

Section 2

The rate of interest payable under the following enactments, namely—

(a) section 18 of the Finance Act 1896 ; and

(b) section 61(5) of the Finance (1909—10) Act 1910 ,

shall, as regards interest accruing on or after 6th October 1988, be 9 per cent. per annum.

Section 3

Section 8(9) of the Finance Act 1894 shall, as regards interest accruing on or after 6th October 1988, have effect with the substitution of the word“nine” for the word“eight”.