Statutory Interest means statutory interest as defined in the Late Payment of Commercial Debts (Interest) Act 1998 as amended & supplemented by the Late Payment of Commercial Debts Regulations 2002.
Statutory Interest means interest carried by virtue of the term implied by section 1(1); and
Statutory Interest means any interest payable to a CVA Creditor pursuant to any relevant statutory provision (including, without limitation, the Judgments Act 1838, the Insolvency Act or the Insolvency Rules);
Examples of Statutory Interest in a sentence
Councillor Andrew Beere, Non Statutory Interest, as a member of Banbury Town Council which had been consulted on the application.
Councillor Colin Clarke, Non Statutory Interest, as a member of the Executive and would leave the meeting for the duration of the item.
Councillor Lynn Pratt, Non Statutory Interest, as a member of the Executive and would leave the meeting for the duration of the item.
Councillor Richard Mould, Non Statutory Interest, as a member of the Executive and would leave the meeting for the duration of the item.
Councillor Barry Richards, Non Statutory Interest, as a member of Banbury Town Council which had been consulted on the application.
More Definitions of Statutory Interest
Statutory Interest means simple interest for late payment at a rate which is the sum of the reference rate, plus at least seven percentage points;
Statutory Interest means statutory interest as defined in the Late Payment of Commercial Debts (Interest) Act 1998
Statutory Interest in the Finnish legislation means both the interest rate that applies to an outstanding debt before the due date and penalty interest for late payments. Provisions on both types of statutory interest are laid down in the Interest Act (633/1982). The obligation to pay interest or penalty interest for late payments is determined under the Interest Act, unless otherwise follows from the obligation of the debtor or a business practice or unless otherwise provided by law (Interest Act, section 2, subsection 1).
Statutory Interest has the meaning provided in Exhibit Y.8.
Statutory Interest means simple interest for late payment at the rate of 8% above the base rate set by the Gibraltar Savings Bank for savings on the day the debt became due; if the base rate changes thereafter, the Reference Rate shall also change to remain 8% above the base rate; and
Statutory Interest means simple interest for late payment at a rate which is
Statutory Interest means statutory interest as defined in the Late Payment of Commercial Debts (Interest) Xxx 0000.