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Paragraph 23 F1F2

The local authority shall pay interest upon the compensation money, from the date of vesting of the land in respect of which the compensation is payable until the time of the payment of such money and interest to the party entitled thereto, or, where such compensation is paid into court, then until the sum with such interest is paid into court accordingly. The rate of interest payable under this Article shall be such rate as may from time to time be determined by the Ministry of Finance.]

Annotations

Textual amendments

F1

1955 c.13 (NI)

F2

1971 c.23 (NI)

Notes on Schedule SECOND

Textual amendments

F1

See note to s.22(2)