# Land Compensation (Scotland) Act 1973, Section 16: Interest on compensation.


Compensation under this Part of this Act shall carry interest, at the rate for the time being prescribed under section 40 of the Land Compensation (Scotland) Act 1963, from—
(a) the date of service of the notice of claim; or
(b) if that date is before the first claim day, from the first claim day
until payment.

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Source: https://www.legislation.gov.uk/ukpga/1973/56/section/16 (the official version)
Page: https://openlegislation.uk/land-compensation-scotland-act-1973/section-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.