43Interest on damages

43 Interest on damages

43 Interest on damages

(1) Interest accrues on an amount of damages ordered to be paid by the Tribunal from the date on which the order takes effect until payment.

(2) Despite subsection (1), the Tribunal may order that interest accrues on an amount of damages ordered to be paid by the Tribunal from a date that is earlier than the date on which the order is made.

(3) Interest referred to in this section accrues at the same rate as that applicable to a judgment of the District Court.