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Regulation 9 Interest for period after award

Original text. Later amendments are not shown.

In relation to an award under the Act (whether or not including interest under regulation 2) for which the relevant decision day under the Industrial Tribunals (Interest) Order 1990(a falls at any time after the commencement of these Regulations—

(a)

that Order shall apply as if, in article 3, references to the calculation day were references to the day immediately following the relevant decision day and accordingly, subject to paragraph (b), interest shall accrue under the Order from that day onwards (including that day); but

(b)

notwithstanding paragraph (a), no interest shall be payable by virtue of that Order if payment of the full amount of the award (including interest under regulation 2) is made within 14 days after the relevant decision day.