# The Judgment Debts (Rate of Interest) Order 1993, Note: Explanatory note

Extent: E+W+S+N.I.

(This note is not part of the Order)
This Order reduces from 15 per cent. to 8 per cent. per annum the rate of interest on judgment debts under section 17 of the Judgments Act 1838.

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Source: https://www.legislation.gov.uk/uksi/1993/564/note (the official version)
Page: https://openlegislation.uk/judgment-debts-rate-of-interest-order-1993/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.