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LEGAL PROFESSION REGULATION 2017 - REG 72
Rate of interest on unpaid legal costs—Act, s 321
72 Rate of interest on unpaid legal costs—Act, s 321
(1) For section 321 (3) of the Act , the prescribed rate of interest is the
rate that is equal to the prescribed rate as at the relevant date.
(3) In
this section—
"prescribed rate" means the rate prescribed under the
Civil Proceedings Act 2011 , section 59 (3) for a money order debt.
"relevant date" means the date the bill, to which the interest relates, was
given by the law practice concerned.
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