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Prescribed Rate of Interest Act, 1975

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To provide for the calculation of interest on a debt, in certain circumstances, at a prescribed rate; for the payment of interest on certain judgment debts; and for matters connected therewith.

 

Last update: April 2018


Copyright: This Act reproduced under Government Printers Copyright Authority 10154 dated 20 March 1996


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Latest Developments:

 

The Prescribed Rate of Interest Act, 1975 (Act No. 55 of 1975) has been updated by Notices - Prescribed Rate of Interest - 1 May 2018, as per GG 41581, Notice No. 435 dated 20 April 2018.

 

The Prescribed Rate of Interest Act, 1975 (Act No. 55 of 1975) has been updated by the Judicial Matters Amendment Act, Act No. 24 of 2015 -  as per GG 39587,  Notice No. 21 dated 8 January 2016.

 

The Prescribed Rate of Interest Act, 1973 (Act No. 55 of 1973) has been amended by National Credit Act, 2005 (Act No. 34 of 2005).

 

The Prescribed Rate of Interest Act, 1973 (Act No. 55 of 1973) has been amended by Prescribed Rate of Interest Amendment Act, 1997 (Act No. 7 of 1997).

 

The Prescribed Rate of Interest Act, 1973 (Act No. 55 of 1973) has been added to the website.