NSWIn ForceAct
State Debt Recovery Act 2018
85Interest may be charged
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#### 85 Interest may be charged
85 Interest may be charged
> > (1) Interest is payable on the amount of any State debt that is unpaid after the due date specified for payment in the notice of a debt recovery order served on a debtor, unless the Chief Commissioner otherwise directs.
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> > (2) Interest is also payable in respect of any debt recovery costs that are unpaid after that due date.
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> > (3) Interest is to be calculated on a daily basis from the day after the day that is the due date for payment until the day it is paid.
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> > (4) The interest rate payable is the prescribed rate under section 101 of the [Civil Procedure Act 2005](/view/html/inforce/current/act-2005-028).
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> > (5) This section does not apply to the following—
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> > > (a) a tax debt,
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> > > (b) any State debt for which a judgment has been given by a court.
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> > (6) In the case of a tax debt, interest is payable as provided for by the [Taxation Administration Act 1996](/view/html/inforce/current/act-1996-097).
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> > (7) In the case of a State debt for which judgment has been given by a court, interest is payable as provided for by the [Civil Procedure Act 2005](/view/html/inforce/current/act-2005-028) or any other Act or as otherwise directed by the court.