(1)  In determining the amount of pecuniary loss resulting from a default, the Trust is to add interest on the amount payable (excluding interest), unless the Trust considers that special circumstances exist warranting a reduction in the amount of interest or warranting a determination that no amount should be paid by way of interest.

(2)  The interest is to be calculated from the date on which the claim was made, to the date the Trust notifies the claimant that the claim has been allowed, at the rate specified in or determined under the regulations.

(3)  To the extent that regulations are not in force for the purposes of subsection (2) , interest is to be calculated at the rate of 5% per annum.

(4)  The interest is payable from the Guarantee Fund.