122—Interest on amounts recoverable by Minister under sections 56, 58,
and 61
For the purposes of sections 56(5)(a), 58(5)(a) and 61(9)(a) of the Act,
the prescribed rate of interest per year on an amount recoverable by the
Minister but not paid within the period fixed by the Minister is 24%
calculated in respect of each month (or part of a month) for which the amount
remains unpaid.