The Usury Laws Repeal Act
3Rate of interest upon a judgment or decree
Whenever a Court shall direct that a judgment or decree shall bear interest, or shall award interest upon a judgment or decree, it may order the interest to be calculated at the rate allowed in the judgment or decree upon the principal sum adjudged, or at such other rate as the Court shall think fit
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All sections
- 1 [Repealed.]
- 2 Rate of interest to be decreed by Courts
- 3 Rate of interest upon a judgment or decree
- 4 Contracts for usufruct of property in lieu of interest
- 5 Amount of interest to be deposited in certain cases of conditional sales under Bengal Regulations. Proviso 6. Rate of interest on future adjustments of accounts. Provis
- 6 Rate of interest on future adjustments of accounts
- 7 Repealed.
- 8 Repealed.
- 9 Repealed.