{
  "url": "https://openlegislation.uk/court-funds-rules-1987/article-10",
  "json_url": "https://openlegislation.uk/court-funds-rules-1987/article-10.json",
  "legislation": "uksi/1987/821",
  "legislation_title": "The Court Funds Rules 1987",
  "legislation_url": "https://openlegislation.uk/court-funds-rules-1987",
  "path": "article/10",
  "kind": "article",
  "number": "10",
  "heading": "Particulars of interest ordered to be paid as directed in judgment or order",
  "text": "(1) Where interest is directed by an order to be paid on any sum in court, the payment schedule shall state:—\n(i) the rate per cent at which interest is payable;\n(ii) the date from which and, if known, the date to which interest is to be calculated;\n(iii) whether the interest should be paid with or without deduction of income tax; and\n(iv) the amount of such interest, if ascertainable when the payment schedule is drawn up.\n(2) If the amount of interest cannot be stated in the payment schedule, then either:—\n(i) the schedule shall direct that the amount be ascertained and certified by a Master; or\n(ii) the party having carriage of the order shall agree in writing with the Accountant General the amount of interest.\n(3) Whenever interest is required to be calculated for a period which is, or includes, a period of less than a year, the interest shall be calculated on a daily basis in respect of that period.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "rev",
      "affecting": "uksi/2007/729",
      "affecting_title": "Court Funds (Amendment) Rules 2007"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/821/article/10",
    "retrieved_at": "2026-10-29T16:27:06.548503+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}