Queensland Consolidated Acts

CIVIL PROCEEDINGS ACT 2011 - SECT 59

59 Interest after money order

(1) This section does not apply in relation to a proceeding for a cause of action arising before 21 December 1972.

(2) Interest is payable from the date of a money order on the money order debt unless the court otherwise orders.

(3) The interest is payable at the rate prescribed under a practice direction made under the Supreme Court of Queensland Act 1991 unless the court otherwise orders.

(4) However—

(a) if the money order includes an amount for damages and the damages are paid within 21 days of the date of the order, interest on the damages is not payable unless the court otherwise orders; and

(b) if the money order includes an amount for costs and the costs are paid within 21 days after ascertainment of the costs, interest on the costs is not payable unless the court otherwise orders.