96Interest payable on compensation

96 Interest payable on compensation compensation to a claimant under this part. (2) The claimant is entitled to payment by the Executive of interest on the compensation at the rate specified in, or ascertained in accordance with, the regulations from the day on which the person made a claim for the compensation until the day on which the compensation is paid or, where payment is delayed through a default or delay of the claimant, until the day on which the compensation would have been paid but for the default or delay. (3) For subsection (2), if— (a) the Executive made an offer of compensation to the claimant; and (b) the claimant rejected the offer; and

through a delay of the claimant and the day on which the compensation would have been paid but for that delay shall be taken to be the day on which the claimant received notice of the offer. commenced on the day on which the claim was made or any succeeding period of 3 months, the interest payable to the claimant under subsection (2) in respect of the period has not been paid, this part has effect as if, on that day, the amount of compensation payable were increased by the amount of the unpaid interest. (5) Interest is not payable to the claimant on the whole or any part of the compensation otherwise than in accordance with this section.

Compensation for acquisition by utilities Part 7A