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7.—(1) Compensation payable under this shall carry interest at the rate for the time being prescribed under section 40 of the Land Compensation (Scotland) Act 1963 from the date specified in sub-paragraph (2) until payment.
(2) The date specified in this sub-paragraph is–
(a)in the case of compensation payable by virtue of paragraph 3(a) or (b), the date of depreciation;
(b)in the case of compensation payable by virtue of paragraph 3(c), (d) or (e), the date on which the loss is sustained or the damage done or, where injurious affection is sustained, the date of the injurious affection;
(c)in the case of compensation payable by virtue of paragraph 3(f), the date on which the expenses become payable.
(3) If it appears to any person (“the first person”) that the first person may become liable to pay to another person (“the second person”) compensation under this Schedule or interest under this paragraph the first person may, if the second person requests in writing for the first person to do so, make one or more payments on account of such compensation or interest.
(4) If, after a payment has been made by any person under sub-paragraph (3)–
(a)it is agreed or determined that compensation or interest is not liable to be paid; or
(b)by reason of any agreement or determination, any payment under that sub-paragraph is shown to be excessive,
the payment or, as the case may be, excess shall be recoverable by that person.
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