Land Compensation Manual Section 1: Compulsory purchase - general

Appendix 1: Rate of interest after entry on land

The Valuation Office Agency`s technical manual covering all aspects of compulsory purchase and compensation.

Appendix 1: Rate of interest after entry on land

Rate of interest after entry on land - section 32 Land Compensation Act 1961

(See Section 1 Paragraph 1.19)

From	% Per Annum
1 September 1961	7陆
2 December 1961	6戮
20 April 1962	6录
16 November 1962	5陆
24 February 1965	7
4 August 1967	6陆
16 November 1967	7
21 December 1967	8
3 April 1969	9
10 July 1969	9陆
13 April 1970	9
30 September 1970	8陆
23 January 1971	9
30 April 1971	8
28 September 1971	7陆
17 December 1971	7
4 July 1972	7陆
8 August 1972	8陆
2 January 1973	9
30 January 1973	9 陆
5 April 1973	10陆
11 May 1973	10
12 September 1973	12
18 December 1973	13陆
30 April 1974	14陆
4 March 1975	13陆
22 April 1975	12陆
22 November 1975	13陆
17 March 1976	12陆
20 August 1976	13陆
8 November 1976	14陆
26 November 1976	15陆
28 March 1977	14
23 May 1977	13
13 June 1977	12
10 November 1977	10陆
20 July 1978	11陆
25 October 1978	12陆
4 January 1979	14
5 July 1979	13
16 October 1979	14
25 January 1980	17
18 August 1980	16
5 January 1981	14陆
5 May 1981	13陆
4 September 1981	14陆
12 November 1981	16
26 April 1982	15
6 August 1982	14
20 October 1982	12陆
26 November 1982	11
14 February 1983	12
18 July 1983	11录
23 December 1983	10戮
16 August 1984	11戮
9 October 1984	125/8
14 November 1984	11陆
9 January 1985	107/8
12 March 1985	13陆
14 August 1985	12录
3 April 1987	11录
4 June 1987	10
16 November 1987	11
7 June 1988	9录
23 December 1988	117/8
31 October 1989	13
30 December 1991	11陆
11 January 1993	9
23 March 1994	6陆
31 December 1995	6录
2 January 1996	6
1 April 1996	5陆
1 July 1996	5录
31 December 1996	5陆
30 June 1997	6
30 September 1997	6陆
31 December 1997	6戮
30 June 1998	7
31 December 1998	5戮
31 March 1999	5
30 June 1999	4陆
30 September 1999	4戮
4 January 2000	5
31 March 2000	5陆
02 April 2001	5录
02 July 2001	4戮
01 October 2001	4录
31 December 2001	3陆
31 March 2003	3录
30 September 2003	3
31 December 2003	3录
31 March 2004	3陆
30 June 2004	4
30 September 2004	4录
30 September 2005	4
2 October 2006	4录
2 January 2007	4陆
2 April 2007	4戮
2 July 2007	5
1 October 2007	5录
31 December 2007	5
31 March 2008	4戮
30 June 2008	4陆
31 December 2008	1陆
31 March 2009	Nil
30 Sept 2018 to date	0.25%

Any queries arising from the calculation or payment of interest should be referred to the acquiring authority.