Section 3(3)
LPCDIA 1998
Late Payment of Commercial Debts (Interest) Act 1998 · United Kingdom
A debt does not carry (and shall be treated as never having carried) statutory interest if or to the extent that a right to demand interest on it, which exists by virtue of any rule of law, is exercised.
← 2 · All articles · 4 →
Source: legislation.gov.uk · retrieved 2026-08-15