{
  "url": "https://openlegislation.uk/less-favoured-area-support-scheme-scotland-regulations-2003/regulation-18",
  "json_url": "https://openlegislation.uk/less-favoured-area-support-scheme-scotland-regulations-2003/regulation-18.json",
  "legislation": "ssi/2003/129",
  "legislation_title": "The Less Favoured Area Support Scheme (Scotland) Regulations 2003",
  "legislation_url": "https://openlegislation.uk/less-favoured-area-support-scheme-scotland-regulations-2003",
  "path": "regulation/18",
  "kind": "regulation",
  "number": "18",
  "heading": "Rate of interest",
  "text": "Where the Scottish Ministers intend to recover on demand the whole or any part of a payment of less favoured area support pursuant to regulation 17, unless the sum recovered is paid as a result of their own error, interest shall be charged thereon at the rate of one percentage point above the sterling three month London Interbank Offered Rate on a day-to-day basis for the period from payment to recovery.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regulations revoked in part (18.3.2004) by The Less Favoured Area Support Scheme (Scotland) Regulations 2004 (S.S.I. 2004/70), reg. 27 (with reg. 1(2))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2003/129/regulation/18",
    "retrieved_at": "2026-10-28T22:37:46.281359+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}