Section 48 — Small Claims Tribunals Act

(1)

The tribunal may include in the amount of an award, interest at the rate specified in subsection (4) on the whole or any part of the sum claimed, for the whole or any part of the period between the date when the cause of action arose and the date of the award.

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(2)

The powers conferred by subsection (1) may be exercised —

(a)

whether or not interest is expressly claimed;

(b)

at any time after the date of the award if it appears to the tribunal that the failure to claim or to award interest was through inadvertence; and

(c)

where an award is made against the defendant in his absence.

(3)

An award shall carry interest at the rate specified in subsection (4) on the aggregate amount thereof, or on such part thereof as for the time being remains unsatisfied from the date of the award until satisfaction.

(4)

The rate of interest specified for the purposes of subsections (1)

and (3) shall be at the rate fixed by the Chief Justice by notice published in the Gazette.