# The Intestate Succession (Interest and Capitalisation) Order 1977, Article 2: Interest on Statutory Legacy


For the purposes of section 46(1)(i) of the Administration of Estates Act 1925, as it applies both in respect of persons dying before 1953 and in respect of persons dying after 1952, the specified rate of interest shall be 7 per cent. per annum.

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Source: https://www.legislation.gov.uk/uksi/1977/1491/article/2 (the official version)
Page: https://openlegislation.uk/intestate-succession-interest-and-capitalisation-order-1977/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.