Part 2.1 Interest up to judgment
(PD 2/2001; MC(CJ)R sch 1)
(see r 51, r 304, r 1104, r 1120 and r 1616)
Table 2.1 Interest up to judgment—Supreme Court
column 1 item | column 2 period | column 3 rate of interest % per year |
---|---|---|
1 | 1 January 1974 to 31 December 1980 | 10.00 |
2 | 1 January 1981 to 31 December 1985 | 14.00 |
3 | 1 January 1986 to 31 December 1987 |
18.00 |
4 | 1 January 1988 to 31 December 1989 | 16.00 |
5 | 1 January 1990 to 30 June 1990 | 21.00 |
6 | 1 July 1990 to 31 December 1990 | 18.00 |
7 | 1 January 1991 to 30 June 1991 | 16.00 |
8 | 1 July 1991 to 30 June 1993 | 15.00 |
9 | 1 July 1993 to 30 April 2001 |
10.00 |
10 | 1 May 2001 to 9 January 2005 | 9.00 |
11 | any period after 9 January 2005 | 9.00 |
Table 2.2 Interest up to judgment—Magistrates Court
column 1 item | column 2 period | column 3 rate of interest % per year |
---|---|---|
1 | any period before 1 July 1981 | 13.375 |
2 | 1 July 1981 to 30 June 1982 | 15.00 |
3 | 1 July 1982 to 31 December 1982 | 17.50 |
4 | 1 January 1983 to 31 December 1983 | 15.50 |
5 | 1 January 1984 to 30 June 1984 | 12.375 |
6 | 1 July 1984 to 31 December 1984 | 14.75 |
7 | 1 January 1985 to 30 June 1985 | 13.75 |
8 | 1 July 1985 to 31 December 1985 | 17.25 |
9 | 1 January 1986 to 30 June 1986 | 20.625 |
10 | 1 July 1986 to 31 December 1986 | 18.125 |
11 | 1 January 1987 to 30 June 1987 | 19.25 |
12 | 1 July 1987 to 29 February 1988 | 18.75 |
13 | 1 March 1988 to 28 February 1989 | 16.125 |
14 | 1 March 1989 to 31 August 1989 | 17.875 |
15 | 1 September 1989 to 14 January 1991 | 20.75 |
16 | 15 January 1991 to 14 July 1991 | 17.50 |
17 | 15 July 1991 to 14 January 1992 | 15.75 |
18 | 15 January 1992 to 14 July 1992 | 13.75 |
19 |
15 July 1992 to 14 January 1993 | 11.50 |
20 | 15 January 1993 to 31 January 1994 | 10.00 |
21 | 1 February 1994 to 31 July 1995 | 9.00 |
22 | 1 August 1995 to 31 March 1997 | 10.75 |
23 | 1 April 1997 to 30 April 1998 | 9.55 |
24 | 1 May 1998 to 9 January 2005 | 8.45 |
25 |
any period after 9 January 2005 | 9.00 |
Part 2.2 Interest after judgment
(SCR o 42A r 2; MC(CJ)R s 234 and sch 1)
(see r 1617)
Table 2.3 Interest after judgment—Supreme Court
column 1 item | column 2 period and case (if any) | column 3 rate of interest % per year |
---|---|---|
1 | any period ending before 1 May 1986: (a) if judgment was entered before 1 October 1977 (b) if judgment was entered on or after 1 October 1977 | 5.00 10.00 |
2 | 1 May 1986 to 30 June 1990 |
15.00 |
3 | 1 July 1990 to 31 December 1991 | 20.00 |
4 | 1 January 1992 to 30 June 1993 | 15.00 |
5 | 1 July 1993 to 30 April 2001 | 12.00 |
6 | 1 May 2001 to 9 January 2005 | 11.00 |
7 | any period after 9 January 2005 | 11.00 |
Table 2.4 Interest after judgment—Magistrates Court
column 1 item | column 2 period and case (if any) | column 3 rate of interest % per year |
---|---|---|
1 | any period ending before 1 May 1986: (a) if judgment was entered before 1 October 1977 (b) if judgment was entered on or after 1 October 1977 | 5.00 10.00 |
2 | 1 May 1986 to 30 June 1990 |
15.00 |
3 | 1 July 1990 to 31 December 1991 | 20.00 |
4 | 1 January 1992 to 30 June 1993 | 15.00 |
5 | 1 July 1993 to 9 April 1995 | 12.00 |
6 | 10 April 1995 to 31 July 1995 | 9.00 |
7 | 1 August 1995 to 31 March 1997 | 10.75 |
8 | 1 April 1997 to 30 April 1998 | 9.55 |
9 | 1 May 1998 to 9 January 2005 | 8.45 |
10 | any period after 9 January 2005 | 11.00 |