- Latest available (Revised)
- Original (As made)
The Road Traffic (Financial Penalty Deposit) (Interest) Order (Northern Ireland) 2012
You are here:
- Northern Ireland Statutory Rules
- 2012 No. 74
- Whole Rule without Schedules
What Version
Opening Options
More Resources
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Citation and commencement
1. This Order may be cited as the Road Traffic (Financial Penalty Deposit) (Interest) Order (Northern Ireland) 2012 and shall come into operation on 23rd April 2012.
Calculation of interest
2.—(1) For the purposes of Article 91D(10) of the Road Traffic Offenders (Northern Ireland) Order 1996, the rate of interest payable shall be the Bank of England base rate at the beginning of the day that the payment of the appropriate amount was made.
(2) In this Article “Bank of England base rate” means—
(a)the rate announced from time to time by the Monetary Policy Committee(1) of the Bank of England as the official dealing rate, being the rate at which the Bank is willing to enter into transactions for providing short term liquidity in the money markets, or
(b)where an order under section 19 of the Bank of England Act 1998(2) is in force, any equivalent rate determined by the Treasury under that section.
Sealed with the Official Seal of the Department of Finance and Personnel on 28th February 2012
(L.S.)
John McKibbin
A senior officer of the Department of Finance and Personnel
Options/Help
Print Options
PrintThe Whole Rule
PrintThe Rule without Schedules
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as enacted version that was used for the print copy
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as made version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.