Northern Territory Consolidated Acts Northern Territory Consolidated Acts35. Interest until determination
(1) If an appointed adjudicator determines that a party to a payment dispute is liable to make a payment, the adjudicator may also determine that interest must be paid on -
(a) if the payment is overdue under the construction contract - the payment in accordance with the contract; or
(b) otherwise - the whole or a part of the payment from the date the payment dispute arose at a rate not greater than the rate prescribed by the Regulations until and including the date of the determination.
(2) Subsection (1) does not authorise the awarding of interest on interest.