Davehill (Pty) Ltd v Community Development 1988(1) SA 290(A)
26 Sep 2016

Davehill (Pty) Ltd v Community Development 1988(1) SA 290(A)

How is the prescribed rate of interest

26 Sep 2016

How is the prescribed rate of interest determined?

The majority judgement confirmed that the rate prescribed at the time when interest begins to run is fixed at that time and remains constant, notwithstanding that the Minister may of time to time prescribe different rates.

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