Australian Capital Territory Current Regulations

COURT PROCEDURES RULES 2006 - REG 1620

    (1)     Unless the court otherwise orders, interest is payable on the amount of a judgment debt (other than costs) that is unpaid at any time—

        (a)     if the court has entered judgment for an amount of interest under rule 1120 (2) (a) (Default judgment—debt or liquidated demand) worked out in accordance with the rate stated in the plaintiff's claim for relief—at the rate stated in the plaintiff's claim for relief; or

        (b)     in any other case—at the rate of interest applying at that time under schedule 2, part 2.2 (Interest after judgment).

Note     Pt 6.2 (Applications in proceedings) applies to an application for an order otherwise ordering.

    (2)     However, unless the court otherwise orders, interest is not payable on the amount of the judgment debt if the amount is paid in full not later than 28 days after the day the judgment takes effect.

    (3)     Interest is payable on any amount awarded for costs, unless the court otherwise orders.

    (4)     Unless the court otherwise orders, interest is payable on an amount awarded for costs that is unpaid at any time—

        (a)     at the rate of interest applying at that time under schedule 2, part 2.2 (Interest after judgment); and

        (b)     from the day the costs were assessed or another date decided by the court.

    (5)     This rule does not authorise the giving of interest on interest payable under this rule.