# The Acquisition of Land (Rate of Interest after Entry) Regulations 1987, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations decrease from 12¼ per cent. to 11¼ per cent. per annum, in respect of any period after the coming into force of these Regulations, the rate of interest payable where entry is made, before payment of compensation, on land in England and Wales which is being purchased compulsorily, and revoke the Acquisition of Land (Rate of Interest after Entry) (No. 2) Regulations 1985.

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Source: https://www.legislation.gov.uk/uksi/1987/405/note (the official version)
Page: https://openlegislation.uk/acquisition-of-land-rate-of-interest-after-entry-regulations-1987/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.