125   Interest on amount outstanding

(1)  The Registrar may, in an assessment, determine that interest is not payable on the amount of costs assessed or on any part of that amount and determine the rate of interest (not exceeding the rate referred to in section 321 (4) of the Legal Profession Act 2004).

(2)  This clause applies despite any costs agreement or section 321 of the Legal Profession Act 2004.

(3)  This clause does not authorise the giving of interest on interest.

(4)  This clause does not apply to or in respect of the assessment of costs referred to in Subdivision 3 (party/party costs).