Acquisition of Land (Interest on Compensation) Rules 1971
Made 1971-09-11 · Text as of 2026-10-01
Public law and official guidance, published as research. Not legal, tax or financial advice.
About this law
- Language
- English
- Kind
- Regulation
- Country
- Bermuda
- Subjects
- Land and soil
- Keywords
- expropriation
Where to read it
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Text
The law's own text, section by section, as held. Each section has its own link.
Title 19 Laws of Bermuda Item 2(b) 1989 Revision 1 BERMUDA STATUTORY INSTRUMENT SR&O 58/1971 ACQUISITION OF LAND (INTEREST ON COMPENSATION) REGULATIONS 1971 [made under sections 8 and 25 of the Acquisition of Land Act 1970 [title 19 item 2] and brought into operation on 11 September 1971] Interest 1 Any compensation agreed or awarded for land of which possession is taken by the Minister under the authority vested in him by section 8(1) of the Acquisition of Land Act 1970 [title 19 item 2], shall carry interest from the date of entry until compensation is paid or paid into court in accordance with that Act at the rate of 7% per annum. [Amended by 1989 : 19]