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.
An order under this section is subject to negative resolution procedure.
Section 592: The appropriate rate of interest
Companies Act 2006 · 2006 c. 46View on legislation.gov.uk
Part 17: A company's share capital — Chapter 5: Payment for shares
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