(Cap. 336.)
2
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"(4) The rate of interest specified
for the purposes of subsections (1) and
(3) shall be the rate fixed by the Chief
Justice by notice in the Gazette under
section 50 of the District Court Ordinance.".
Consequential amendment. (Cap. 25, sub. leg.)
3. Rule 13 of the Labour Tribunal (General)
Rules is revoked.
Explanatory Memorandum
This Bill amends section 39 of the Labour
Tribunal Ordinance to provide that the rate of interest
in respect of claims and awards in the Labour Tribunal
will follow the rate prescribed by the Chief Justice in
respect of judgment debts in the District Court.
2. The Bill has no Public Service staffing or
public expenditure implications.