WORKERS COMPENSATION REGULATION 2003 - REG 109 Interest on amount outstanding

This legislation has been repealed.

WORKERS COMPENSATION REGULATION 2003 - REG 109

109 Interest on amount outstanding

(1) The Registrar may, in an assessment, determine that interest is not payable on the amount of costs assessed or on any part of that amount and determine the rate of interest (not exceeding the rate referred to in section 190 (4) of the Legal Profession Act 1987 ).

(2) This clause applies despite any costs agreement or section 190 of the Legal Profession Act 1987 .

(3) This clause does not authorise the giving of interest on interest.

(4) This clause does not apply to or in respect of the assessment of costs referred to in Subdivision 3 (party/party costs).