sec.159Interest

### sec.159 Interest This rule applies if a party intends to apply to the court for an award of interest, whether under the Civil Proceedings Act 2011 , part 8 or otherwise. This rule does not apply to a proceeding for damages for personal injury or death. The party must allege in the party’s pleading particulars of— the amount or amounts on which the interest is claimed; and the interest rate or rates claimed; and the day or days from which interest is claimed; and the method of calculation. However, the rate or rates of interest need not be separately specified if the party is claiming at the rate or rates specified in a practice direction. r 159 amd 2012 SL No. 150 s 13 (sec.159-ssec.1) This rule applies if a party intends to apply to the court for an award of interest, whether under the Civil Proceedings Act 2011 , part 8 or otherwise. (sec.159-ssec.2) This rule does not apply to a proceeding for damages for personal injury or death. (sec.159-ssec.3) The party must allege in the party’s pleading particulars of— the amount or amounts on which the interest is claimed; and the interest rate or rates claimed; and the day or days from which interest is claimed; and the method of calculation. (sec.159-ssec.4) However, the rate or rates of interest need not be separately specified if the party is claiming at the rate or rates specified in a practice direction. - (a) the amount or amounts on which the interest is claimed; and - (b) the interest rate or rates claimed; and - (c) the day or days from which interest is claimed; and - (d) the method of calculation.