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Statutes of Newfoundland 1993


CHAPTER 38

CHAPTER 38

AN ACT TO AMEND THE JUDGMENT INTEREST ACT

(Assented to December 17, 1993)

Analysis

1. S.6 Amdt.
Interest rate published

2. S.8 Amdt.
Regulations

Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:


RSN 1990 cJ-2

1. Section 6 of the Judgment Interest Act is amended by stricking out the words "The Lieutenant-Governor in Council" and substituting the words "The Minister of Justice".

2. Paragraph 8(b) of the Act is repealed and the following substituted:

(b) delegating to the Minister of Justice the authority to prescribe the rate of interest.

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