Act Number: 28

Act Name: The Usury Laws Repeal Act, 1855

Year: 1855

Enactment Date: 1855-09-19

Long Title: An Act for the repeal of the Usury Laws.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 3: Rate 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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