# The Civil Legal Aid (General) (Amendment No.2) Regulations 2001, Regulation 3: Amendments to the Civil Legal Aid (General) Regulations 1989


The following shall be substituted for regulation 99(4):
“(4) Where interest is payable by the assisted person pursuant to the provisions of regulation 96 or 97:
(a) it shall run from the date when the charge is first registered;
(b) the applicable rate shall be:
(i) 8% per annum until 31st March 2002;
(ii) thereafter, 1 percentage point above the Bank of England base rate current on 1st April 2002;
(c) subject to sub-paragraph (d), the applicable rate shall be varied on 1st April of each subsequent year so that it remains at the rate of 1 percentage point above the Bank of England base rate then current; and
(d) the variation set out in sub-paragraph (c) shall take place only if the application of the new base rate has the effect of varying the base rate previously applicable by 1 percentage point or more.”.

---
Source: https://www.legislation.gov.uk/uksi/2001/3735/regulation/3 (the official version)
Page: https://openlegislation.uk/civil-legal-aid-general-amendment-no2-regulations-2001/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.