Prescribed Rate of lnterest Act 55 of 1975

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55 of 1975

The Prescribed Rate of lnterest Act 55 of 1975 intends:

  • to provide :
    • for the calculation of interest on a debt, in certain circumstances; at a prescribed rate;
    • for the payment of interest on certain judgment debts; and
  • for matters connected therewith.

Commencement

16 July 1976 (Gazette 5215 of 16 July 1976)

Amendments

The Southern African Legal Information Institute provides a complete amended Act at https://www.saflii.org/za/legis/consol_act/proia1975271/ [Updated to 8 January 2016]

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