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Penalty interest rates

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Cite as: December 2013 87 (12) LIJ, p.71

The penalty interest rate is 10 per cent per annum (from 7 October 2013).

To monitor any changes to this rate between editions of the LIJ, practitioners should check the Magistrates’ Court of Victoria website at www.magistratescourt.vic.gov.au/jurisdictions/civil/procedural-information/penalty-interest-rates.

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