Full legislation
s.88
Interest
On any debt or sum certain, payable at a certain time or otherwise, whereon
interest is not reserved or agreed for, and which is overdue at the appropriate
date, the creditor may prove for interest at a rate not exceeding the rate specified
in
section 49
of the High Court Ordinance (
Cap.
4
) to that date from the time when the debt or sum was payable, if the
debt or sum is payable by virtue of a written instrument at a certain time, and if
payable otherwise, then from the time when a demand in writing has been made, giving
notice that interest will be claimed from the date of the demand until the time of
payment.
(
L.N. 286 of 1997
;
25 of 1998 s. 2
)