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Judgment Interest Regulation


Published: 2014

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AR 215/2011 JUDGMENT INTEREST REGULATION (Consolidated up to 191/2015)
ALBERTA REGULATION 215/2011
Judgment Interest Act
JUDGMENT INTEREST REGULATION
Calculation of interest
1   For the purposes of section 4 of the Judgment Interest Act,
                               (a)    the interest rate from January 1, 1993 to December 31, 1993 is prescribed at 6% per year;
                              (b)    the interest rate from January 1, 1994 to December 31, 1994 is prescribed at 4.5% per year;
                               (c)    the interest rate from January 1, 1995 to December 31, 1995 is prescribed at 5.25% per year;
                              (d)    the interest rate from January 1, 1996 to December 31, 1996 is prescribed at 5.5% per year;
                               (e)    the interest rate from January 1, 1997 to December 31, 1997 is prescribed at 3.5% per year;
                               (f)    the interest rate from January 1, 1998 to December 31, 1998 is prescribed at 3.5% per year;
                               (g)    the interest rate from January 1, 1999 to December 31, 1999 is prescribed at 4% per year;
                              (h)    the interest rate from January 1, 2000 to December 31, 2000 is prescribed at 6.25% per year;
                               (i)    the interest rate from January 1, 2001 to December 31, 2001 is 6.25% per year;                                (j)    the interest rate from January 1, 2002 to December 31, 2002 is prescribed at 5.25% per year;
                              (k)    the interest rate from January 1, 2003 to December 31, 2003 is prescribed at 4.5% per year;
                               (l)    the interest rate from January 1, 2004 to December 31, 2004 is prescribed at 3.75% per year;
                             (m)    the interest rate from January 1, 2005 to December 31, 2005 is prescribed at 3.40% per year;
                              (n)    the interest rate from January 1, 2006 to December 31, 2006 is prescribed at 3.50% per year;
                              (o)    the interest rate from January 1, 2007 to December 31, 2007 is prescribed at 4% per year;
                              (p)    the interest rate from January 1, 2008 to December 31, 2008 is prescribed at 4.25% per year;
                              (q)    the interest rate from January 1, 2009 to December 31, 2009 is prescribed at 2.75% per year;
                               (r)    the interest rate from January 1, 2010 to December 31, 2010 is prescribed at 0.825% per year;
                               (s)    the interest rate from January 1, 2011 to December 31, 2011 is prescribed at 1.85% per year;
                               (t)    the interest rate from January 1, 2012 to December 31, 2012 is prescribed as 1.20% per year;
                              (u)    the interest rate from January 1, 2013 to December 31, 2013 is prescribed at 1.40% per year;
                              (v)    the interest rate from January 1, 2014 to December 31, 2014 is prescribed at 1.10% per year;
                              (w)    the interest rate from January 1, 2015 to December 31, 2015 is prescribed at 1.05% per year;
                              (x)    the interest rate from January 1, 2016 to December 31, 2016 is prescribed at 0.55% per year.
AR 215/2011 s1;203/2012;197/2013;213/2014; 191/2015
Repeal
2   The Judgment Interest Regulation (AR 364/84) is repealed.