10.—(1) Where the National Assembly decides to recover on demand an amount in accordance with paragraph 9(2), it may also recover interest on that amount on a daily basis at the rate of 1% above the LIBOR for the period beginning with the day following that on which the amount was paid and ending on the day on which the National Assembly recovers it.
(2) In this paragraph “LIBOR”, in relation to any day, means the sterling three month London interbank offered rate in force for that day rounded if necessary to two decimal places.
(3) In any proceedings for recovery under this Scheme, a certificate issued by the National Assembly stating the LIBOR applicable for any day is conclusive evidence of the LIBOR in question if the certificate also states that the Bank of England notified the National Assembly of the LIBOR in question.