← Ireland

S.I. No. 62/1999 - Prompt Payment of Accounts Act, 1997 (Rate of Interest Penalty) (Amendment) Order, 1999

S.I. No. 62/1999 - Prompt Payment of Accounts Act, 1997 (Rate of Interest Penalty) (Amendment) Order, 1999 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.

  1. ie)Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.
  2. ie)Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(
  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 1999 S.I. No. 62/1999 - Prompt Payment of Accounts Act, 1997 (Rate of Interest Penalty) (Amendment) Order, 1999 S.I. No. 62/1999 - Prompt Payment of Accounts Act, 1997 (Rate of Interest Penalty) (Amendment) Order, 1999 AmendmentsLeasuithe I, MARY HARNEY, Minister for Enterprise, Trade and Employment, in exercise of the powers conferred on me by section 10

(1)of the Prompt Payment of Accounts Act, 1997 (No. 31 of 1997) (as adapted by the Enterprise and Employment (Alteration of Name of Department and Title of Minister), Order 1997 ( S.I. No. 305 of 1997 )), after consultation with the Minister for Finance, hereby order as follows: 1.
(1)This Order may be cited as the Prompt Payment of Accounts Act, 1997 (Rate of Interest Penalty) (Amendment) Order, 1999.
(2)This Order shall come into operation on the 6th day of April,
  1. This Prompt Payment of Accounts Act, 1997 (Rate of Interest Penalty) Order, 1997 ( S.I. No. 502 of 1997 ), is hereby amended by the substitution for Article 2 of the following Article: “
  2. The rate of interest penalty payable pursuant to section 4
(2)of the Prompt Payment of Accounts Act, 1997 (No. 31 of 1997), is hereby fixed at 0.0274 per cent per day.” GIVEN under my Official Seal, this 4th day of March,
  1. MARY HARNEY, Minister for Enterprise, Trade and Employment. EXPLANATORY NOTE. (This note is not part of the Instrument and does not purport to be a legal interpretation.) This Order sets out the interest rate which will be applicable on late payment, as required by Section 10 of the Act. It amends the rate set out in the previous Order ( S.I. No. 502 of 1997 ) which was effective from 2 January, 1998 to 5 April,
  2. The rate specified in this Order is 0.0274% per day, which is the equivalent of 10% per annum. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

🔗 To official source

AI explanation based on the official legal text. Indicative, not a substitute for legal advice.