Date:

03/20/1997

PRACTICE NOTE No 92

Interest up to Judgment




1 Practice Note No 73 is rescinded.

2 When computing interest for the purposes of s94 of the Supreme Court Act 1970, subject to any evidence adduced, it may be taken that the rate of interest that is appropriate to guide the Court in respect of any period mentioned in column 1 of Schedule J of the Supreme Court Rules 1970 is the rate per cent yearly mentioned in column 2 of that Schedule beside that period.

3 It will be noted that the rate of interest payable up to judgment under s73 of the Motor Accidents Act 1988 and under s151M of the Workers Compensation Act 1987 is three-quarters of the rate prescribed for the purposes of s95 of the Supreme Court Act 1970.

Chief Justice

20 March 1997