Paragraph 1 Transitional provisions relating to interest payable on certain compensation

An order by the Ministry of Finance under sub-paragraph (2) of paragraph 18 of Schedule 6 to the Local Government Act (Northern Ireland) 1972 1972 c.9 prescribing the rate of interest payable under that paragraph shall apply to the rate of interest payable upon any outstanding compensation under the Drainage Act (Northern Ireland) 1947 1947 c.9 (including that Act as applied by any other statutory provision) as if the interest were payable under the said paragraph 18.