Regulation 21
Interest rate
of Work Injury Compensation Regulations 2020
Subsidiary LegislationIn forceProvision 31 of 42
Regulation 21
The interest rate for the purposes of section 59(1) of the Act is —
(a)
1% per month above the rate for a judgment debt — for the first 6 months; and
(b)
2.6% per month above the rate for a judgment debt — after the first 6 months.