C4C6C5C1C7C3C2 Part 3 Confiscation: Scotland

Annotations:

Payment and enforcement

I1C6C5C1C8117C6C5C1 Interest on unpaid sums

1

If the amount required to be paid by a person under a confiscation order is not paid when it is required to be paid (whether when the order is made or within a period specified under section 116), he must pay interest on the amount for the period for which it remains unpaid.

2

The rate of interest is the rate payable under a decree of the Court of Session.

3

For the purposes of this section no amount is required to be paid under a confiscation order if—

a

an application has been made under section 116(4),

b

the application has not been determined by the court, and

c

the period of 12 months starting with the day on which the confiscation order was made has not ended.

4

In applying this Part the amount of the interest must be treated as part of the amount to be paid under the confiscation order.