Results 1-1 of 1 for climate change speaker:Michael Mates
- Orders of the Day — Interest on Debts Bill (2 Feb 1990)
Mr Michael Mates: ...30 to 90 days. If it then added that no statutory interest would be payable if it were late, which it would do, the Bill would become meaningless. I came to that conclusion largely because of the change in climate during the past 12 years. I have taken the rate of interest payable on the debt which already applies. It is the rate of judgment debt—currently 15 per cent.—which...
