Article 20 Payment of expenses by instalments
Without prejudice to any other power exercisable by it under this Order, the Department may enter into an agreement with any responsible person or any other person liable for expenses under this Order that, subject to such conditions as the Department may specify, any expenses recoverable by it under this Order shall be repaid with interest within a period not exceeding 30 years either by means of instalments of principal, together with interest on the balance of the principal from time to time outstanding, or by means of an annuity of principal and interest combined and any such instalment or annuity, or any part thereof, may be recovered in accordance with Article 15 from the responsible person or that other person.
The interest chargeable under paragraph (1) shall be at such rate as, by virtue of a determination of the Department of Finance under section 5 of the Public Health and Local Government (Miscellaneous Provisions) Act (Northern Ireland) 1962 1962 c.12, is, on the date on which the demand for the expenses is served, in force for the purposes of expenses to which subsection (1)( b) of that section applies.
Notes on the whole Order
Textual amendments
- F1
functions transf. by SR 1999/481