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Statutory Instrument

The Judgment Debts (Rate of Interest) Order 1993

Citation
S.I. 1993/564
As at
Sections
2
Section 1

This Order may be cited as the Judgments Debts (Rate of Interest) Order 1993 and shall come into force on 1st April 1993.

Section 2

In relation to any judgment entered up after the coming into force of this Order, section 17 of the Judgments Act 1838 shall be amended so as to substitute for the rate specified in that section, as the rate at which judgment debts shall carry interest, the rate of 8 per cent. per annum.

2 sections

Cite this legislation

The Judgment Debts (Rate of Interest) Order 1993 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1993-564

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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