# The Meat and Livestock Commission Levy (Variation) Scheme (Confirmation) Order 1998, Paragraph 5


After sub-paragraph (5) of paragraph 5 there shall be inserted the following sub-paragraphs:
“(6) Where a slaughterer or an exporter has not made payment of a charge due to the Commission under this Scheme within 21 days of a written request for the charge concerned being made then, in order to enable the Commission to meet their expenses of administering the Scheme, interest will become payable (after as well as before judgment) on the amount of the unpaid charge from the date of the written request, will be charged at the rate of one per cent above the London Interbank Offer Rate offered for a three month deposit in Sterling and will accrue daily until the charge is paid.
(7) Any sum recovered as a debt by a slaughterer or exporter pursuant to paragraph 5(2)(a) shall be deemed to be received by him in trust for the Commission.”

---
Source: https://www.legislation.gov.uk/uksi/1998/3080/schedule/paragraph/5 (the official version)
Page: https://openlegislation.uk/meat-and-livestock-commission-levy-variation-scheme-confirmation-order-1998/schedule/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.