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Interest on costs, charges or expenses of certain judgments, orders or decrees.
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41.—(1) Section 30 of the Act of 2002 is amended by the substitution of the following subsection for subsection (1):
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“(1) Subject to section 23 of the Act of 1981, interest on the amount of costs, charges or expenses awarded to a party in proceedings in a court, to which section 27 of the Debtors (Ireland) Act 1840 applies, pursuant to a judgment, order or decree of the court, shall—
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(a) not be payable until—
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(i) if the amount aforesaid is agreed by the parties to the proceedings, the date of such agreement, or
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(ii) in default of agreement—
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(I) the date on which a certificate of taxation (which expression includes an interim certificate of taxation) in respect of the amount aforesaid is issued by a taxing master of the High Court or by a county registrar exercising the powers of such a taxing master, as may be appropriate, or
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(II) if appropriate, in the case of proceedings in the Circuit Court, the date on which a county registrar measures the amount aforesaid in accordance with rules of court,
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and
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(b) be payable at the rate for the time being standing specified in section 26 of the Debtors (Ireland) Act 1840, from the appropriate date aforesaid until that amount is paid.”.
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(2) Subsections (3) and (4) of section 30 of the Act of 2002 are repealed.
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(3) The amendments to section 30 of the Act of 2002 effected by this section apply to—
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(a) actions brought on or after the commencement of this section, and
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(b) actions pending on the date of such commencement.
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