The Aquisition of Land (Rate of Interest after Entry) (Scotland) Regulations 1988 No. 875

Explanatory Note

(This note is not part of the Regulations)

These Regulations reduce from 11 per cent. to 9¼ per cent. per annum, in respect of any period after the coming into force of these Regulations, the rate of interest payable where entry is made, before payment of compensation, on land in Scotland which is being purchased compulsorily, and revoke the Acquisition of Land (Rate of Interest after Entry) (Scotland) (No.3) Regulations 1987.