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2. Regulation 9 of the Beef (Marketing Payment) Regulations 1996(1), shall be replaced by—
“9. Except where the appropriate Minister recovers from any applicant a payment or part of a payment paid to that applicant as a result of an error of that Minister, he may charge interest on any payment recovered under regulation 8 at the rate of one percentage point above the sterling three months London Interbank Offered Rate on a day to day basis for the period from the date of payment to the date of reimbursement by the applicant.”.
S.I. 1996/2005.
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