# The Prescribed Fees and Charges Regulations (Northern Ireland) 2007, Schedule 1


(1) The rate of interest payable on expenses recoverable under Article 25(4) of the Order shall be one percentage point above LIBOR on a day-to-day basis.
(2) In this Schedule, LIBOR means the sterling three-month London interbank offered rate in force during the period specified in Article 25 (4) of the Order.

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Source: https://www.legislation.gov.uk/nisr/2007/39/schedule/1 (the official version)
Page: https://openlegislation.uk/prescribed-fees-and-charges-regulations-northern-ireland-2007/schedule-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.