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Penalty interest rate

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Cite as: December 2015 89 (12) LIJ, p.61

The penalty interest rate is 9.5 per cent per annum (from 1 June 2015).

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

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