# Companies Act 2006, Section 609: The appropriate rate of interest


(1) For the purposes of this Chapter the “appropriate rate” of interest is 5% per annum or such other rate as may be specified by order made by the Secretary of State.
(2) An order under this section is subject to negative resolution procedure.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/609 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-609
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.