# Commissioners Clauses Act 1847, Section 83: Interest to cease on expiration of notice to pay off a mortgage debt.


If the commissioners shall have given notice of their intention to pay off any such mortgage or assignation in security at a time when the same may lawfully be paid off by them, then at the expiration of such notice all further interest shall cease to be payable thereon, unless, on demand of payment made pursuant to such notice, or at any time thereafter, the commissioners fail to pay the principal and interest due at the expiration of such notice on such mortgage or assignation in security.

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Source: https://www.legislation.gov.uk/ukpga/Vict/10-11/16/section/83 (the official version)
Page: https://openlegislation.uk/commissioners-clauses-act-1847/section-83
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.