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The Opencast Coal (Rate of Interest on Compensation) Order 1990
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- UK Statutory Instruments
- 1990 No. 188
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
Section 35 of the Opencast Coal Act 1958 provides that interest shall be payable in addition to compensation in certain circumstances. This Order increases the rate of interest from 11X per cent. to 155/16 per cent. per annum and revokes the Opencast Coal (Rate of Interest on Compensation) (No. 2) Order 1988.
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