If an amount payable
under this Part is overdue, interest accrues daily on any part of that amount
unpaid after the day on which the amount was due, at the rate of 11.08% per
annum.
[Regulation 15 amended: Gazette
27 Jun 2016 p. 2538; 23 Jun 2017 p. 3324;
SL 2020/95 r. 5; SL 2021/80 r. 5; SL 2024/117
r. 8.]