Coal Acquisition (Re-acquisition Arrangements) Order 1997
21 Interest on compensation
(1) Interest is payable in respect of an amount of compensation
determined under this Order, for the period from the date on which the
determination of the amount was made up to and including the date of payment.
However, if the determination is made before an application for the
compensation is made, interest is not payable for any period before the
application is made.
(2) Interest under this clause is to be at a rate and on terms
determined by the Treasurer and notified in writing to the
(3) The amount of compensation in respect of which interest under this
clause is payable is to be reduced by the amount of any interim or preliminary
payment of compensation made to the applicant.