Schedule 19B, Part 4, paragraph 11(2)

The amount carries statutory interest, within the meaning of the Late Payment of Commercial Debts (Interest) Act 1998, for the period— beginning with the date on which the write-down order took effect or, if later, the date on which the amount became due and payable (or would have become due and payable but for the write-down order), and ending with the day on which the amount is paid.

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Source: legislation.gov.uk · retrieved 2026-09-04