District Court Act 1991

Unless good reason is shown to the contrary, the Court will, on the application of a party in whose favour a monetary judgment has been, or is to be, given include in the judgment an award of interest in accordance with this section.

The interest—

will be calculated at a rate fixed by the Court; and

will be calculated in respect of a period fixed by the Court (which must, however, in the case of a judgment given on a liquidated claim, be the period running from when the liability to pay the amount of the claim fell due to the date of judgment unless the Court otherwise determines);

is, in accordance with the Court's determination, payable in respect of the whole or part of the amount for which judgment is given.

The Court may, without proceeding to calculate interest under subsection (2), award a lump sum instead of interest.

This section does not—

authorise the award of interest on interest;

authorise the award of interest on exemplary or punitive damages;

affect damages for dishonour of a negotiable instrument;

authorise the award of interest (except by consent) on a sum for which judgment is given by consent;

limit or affect the operation of any other enactment or rule of law providing for the award of interest.