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Legislation
Companies Act 2006

Crossheading Supplementary provisions

  • Section 605 Liability of subsequent holders of shares
  • Section 606 Power of court to grant relief
  • Section 607 Penalty for contravention of this Chapter
  • Section 608 Enforceability of undertakings to do work etc
  • Section 609 The appropriate rate of interest
  1. Supplementary provisions
  2. The appropriate rate of interest

Section 609 | The appropriate rate of interest

From legislation.gov.uk

(1)For the purposes of this Chapter the “appropriate rate” of interest is 5% per annum or such other rate as may be specified by order made by the Secretary of State.

(2)An order under this section is subject to negative resolution procedure.

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