PART 3Rates of interest
Repayment interest rate7
The repayment interest rate for the purposes of section 161 of the TCM Act is the higher of—
a
0.5% per annum; and
b
the Bank of England rate.
The repayment interest rate for the purposes of section 161 of the TCM Act is the higher of—
0.5% per annum; and
the Bank of England rate.