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Penalty Interest Rate

Every Issue

The current penalty interest rate is 11.5 per cent (from 18 December 2002). A list of the previous rates can be found on page 7 of the 2003 Law Institute Legal Directory and Diary.

To monitor any changes to this rate between editions of the LIJ, practitioners should check the Department of Justice website under the heading “Fines, penalties and auctions”.


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