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The Organic Aid (Scotland) Amendment Regulations 1996
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- UK Statutory Instruments
- 1996 No. 3083 (S. 238)
- Regulation 10
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Amendment of the principal Regulations
10. After regulation 12 of the principal Regulations there shall be inserted–
“Recovery of Interest
12A.—(1) Where a beneficiary is by virtue of Article 20(1) of the Commission Regulation required to reimburse the amount of a wrongful payment with interest for the period between payment and the reimbursement, the rate of interest shall be one percentage point above LIBOR in force during that period.
(2) In any proceedings for recovery of interest calculated at the rate provided in paragraph (1), a certificate of the Secretary of State stating such rate applicable during a period specified in the certificate shall be conclusive evidence of that rate if the certificate also states that the Bank of England notified the Secretary of State of that rate.
Recovery of payments
12B. Where an amount falls to be paid to the Secretary of State by virtue of (or by virtue of an action taken under) these Regulations or the Commission Regulation, such amount shall be recoverable as a debt.”.
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