112
CurrentInterest on damages
Part 9The functions of the President, the Tribunal and the Board
Division 3Complaints—the functions of the Tribunal
112 Interest on damages
(1)
Interest accrues on an amount of damages ordered to be paid by the Tribunal from the date on which the order takes effect until payment.
(2)
Despite subsection (1), the Tribunal may order that interest accrues on an amount of damages ordered to be paid by it from a date that is earlier than the date on which its order is made.
(3)
Interest referred to in this section accrues at the same rate as that applicable to a judgment of the District Court.
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