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FEDERAL MAGISTRATES ACT 1999 - SECT 77
Interest on judgment
- (1)
- This section does not apply to family law or child support proceedings.
- Note: See section 117B of the Family Law Act 1975 in relation to
family law or child support proceedings.
- (2)
- A judgment debt under a judgment of the Federal Magistrates Court carries
interest from the date as of which the judgment is entered.
- (3)
- Interest is payable:
- (a)
- at such rate as is fixed by the Rules of Court; or
- (b)
- if the Federal Magistrates Court, in a particular case, thinks that
justice so requires—at such lower rate as the Federal Magistrates Court
determines.
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