The Opencast Coal (Rate of Interest on Compensation) (No. 2) Order 1990
Section 35 of the Opencast Coal Act 1958 provides that interest shall be payable in addition to compensation in certain circumstances. This Order provides that the rate of interest shall be 4 per cent, per annum less than the base rate quoted from time to time by the Committee of London Clearing Bankers, and revokes the Opencast Coal (Rate of Interest on Compensation) Order 1990.