6Payment of interest to pool purchasers on refunds by pool builders

#### 6 Payment of interest to pool purchasers on refunds by pool builders (1) If an in situ pool tax refund payment is liable to be made in accordance with section 4 in a case where an amount of in situ pool tax was refunded as mentioned in paragraph 4(2)(d) to the pool purchaser, the Commissioner is, subject to section 7, liable to pay interest to the pool purchaser on the amount refunded in accordance with this section. (2) The interest is payable in respect of the period beginning when the in situ pool tax payment concerned was made and ending when the amount was refunded. (3) The interest is payable at the same rate per annum as is applicable to interest in respect of the period under the Taxation (Interest on Overpayments and Early Payments) Act 1983. (4) If the interest is not a multiple of one cent, it is to be rounded up or down to the nearest multiple of one cent (amounts ending in 0.5 cent being rounded up).