Interest Rates

Interest on Judgments, Costs and under Order 30 rule 6(2) of the Rules of Court

Various provisions in the Rules of Court provide for the application of a default rate of interest at 6% or such other rate as the Chief Justice may from time to time direct.

The Chief Justice has directed that the default rate of interest at 5.33% applies with effect from 1 April 2007 until further notice. See Practice Direction No. 1 of 2007

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