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.