Interest on penalties
27. If it imposes confirms or varies any penalty, the tribunal may, in addition, order that interest is to be payable on the amount of any such penalty from such date, not being a date earlier than the date upon which the application was made in accordance with rule 6 above, and at such rate, as the tribunal considers appropriate. Unless the tribunal otherwise directs, the rate of interest shall not exceed the rate specified in any Order made pursuant to section 44 of the Administration of Justice Act 1970(1). Such interest is to form part of the penalty and be recoverable as a civil debt in addition to the amount payable on any outstanding penalty notice issued in accordance with section 36 of the Act.
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