Section 24 Interest on sums charged on or secured over interest in land.I1

England, Wales and Scotland

(1)

Any sum charged on or secured over an interest in land under this Part of this Act shall bear interest from the day after that on which the person for whom the local authority provided the accommodation dies.

F1(2)

The rate of interest shall be such reasonable rate as the Secretary of State may direct or, if no such direction is given, as the local authority may determine.

Annotations

Textual amendments

F1: S. 24(2) substituted (12.4.1993) by National Health Service and Community Care Act 1990 (c. 19, SIF 113:2), s. 45(3); S.I. 1992/2975, art. 2(3)(a)

Commencement

I1: s. 24 wholly in force at 12.4.1993 see s. 32(2) and S.I. 1992/2974, art. 2, Sch.