Article 8 Interest for period after awardI1
Northern Ireland Not yet in force
In relation to an award under the Order (whether or not including interest under Article 2) for which the relevant decision day under the Industrial Tribunals (Interest) Order (Northern Ireland) 1990f1 (“the 1990 Order”) falls at any time after 4th August 1997—
the 1990 Order shall apply as if, in Article 3 thereof, references to the calculation day were references to the day immediately following the relevant decision day and accordingly, subject to sub-paragraph (b), interest shall accrue under the 1990 Order from that day onwards (including that day); but
notwithstanding sub-paragraph (a), interest shall not be payable by virtue of the 1990 Order if payment of the full amount of the award (including interest thereon) is made within 14 days after the relevant decision day.
Annotations
Commencement
- I1
Art. 8 in operation at 4.8.1997, see art. 1(1)