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IRISH BANKRUPT AND INSOLVENT ACT 1857 - SECT 260

Interest upon debts, when provable through not reserved or agreed for.

260. Upon all debts or sums certain, whereupon interest is not reserved or
agreed for, and which shall be overdue at the filing of the
petition of bankruptcy ..., the creditor shall be entitled to prove or be
admitted as a creditor for interest, to be calculated at [a rate not exceeding
five pounds per centum per annum] [such rate as may be prescribed by
bankruptcy rules], up to the filing of such petition, from the time when such
debts or sums certain were payable, if such debts or sums be payable by virtue
of some written instrument at a certain time, or if payable otherwise, then
from the time when demand of payment shall have been made in writing, so as
such demand shall give notice to the debtor that interest will be claimed from
the date of such demand.[


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© 1857 Crown Copyright

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