# The Insurance Premium Tax (Prescribed Rates of Interest) Order 1994, Note: Explanatory note


(This note is not part of the Order)
This Order, which comes into force on 1st October 1994, prescribes the rates of interest for the purposes of paragraph 21 of Schedule 7 to the Finance Act 1994 (interest on tax etc.) and paragraph 22 of that Schedule (interest payable by Commissioners).

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Source: https://www.legislation.gov.uk/uksi/1994/1819/note (the official version)
Page: https://openlegislation.uk/insurance-premium-tax-prescribed-rates-of-interest-order-1994/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.