LAW REFORM (MISCELLANEOUS PROVISIONS) ACT (NORTHERN IRELAND) 1937 - SECT 17 Power of courts of record to award interest on debts and damages.

	[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here: BAILII >> Databases >> Northern Irish Legislation >> ARBITRATION ACT (NORTHERN IRELAND) 1937

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LAW REFORM (MISCELLANEOUS PROVISIONS) ACT (NORTHERN IRELAND) 1937 - SECT 17

Power of courts of record to award interest on debts and damages.

17.(1) In any proceedings tried in any court of record for the recovery of any
debt or damages, the court may, if it thinks fit, order that there shall be
included in the sum for which judgment is given, interest at such rate as it
thinks fit on the whole or any part of the debt or damages for the whole or
any part of the period between the date when the cause of action arose and the
date of judgment:

Provided that nothing in this section:

(a)shall authorise the giving of interest upon interest; or

(b)shall apply in relation to any debt upon which interest is payable as of
right whether by virtue of any agreement or otherwise; or

(c)shall affect the damages recoverable for the dishonour of a bill of
exchange.

Subs.(2) rep. by SLR (NI) 1953

S.18 rep. by 1962 c.30 s.7(9) sch.1 Pt.I; 1978 c.23 s.122(2) sch.7 Pt.II

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/aai1937297/s17.html

Northern Irish Legislation

LAW REFORM (MISCELLANEOUS PROVISIONS) ACT (NORTHERN IRELAND) 1937 - SECT 17