Commentary on Provisions Part 5 – Enforcement of the levy and penalties Chapter 3 – Penalties Section 66 – Interest on unpaid levy
105.This section provides that interest is payable on the amount of any unpaid levy from the day after the date on which the levy must be paid under section 29 (subsection (1)). Where an amount of unpaid levy is paid to the local authority, interest is payable only on the remainder of unpaid levy (subsection (2)). The rate of interest applicable is that specified in regulations made under section 68 (subsection (3)).