Sri Lanka Consolidated Acts

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Civil Procedure Code (Amendment) Act (No. 53 of 1980) - Sect 5

Amendment of section 192 of the principal enactment

5. Section 192 of the principal enactment is hereby-amended, by the substitution, for subsection (1) thereof, of the following new subsection :
" (1) when the action is for a sum of money due to the plaintiff, the court may, in the decree order interest according to the rate agreed on between the parties by the instrument sued on, or in the absence of any such agreement at the rate of twelve per centum per annum to be paid on the principal sum adjudged from the date of the action to the date of the decree, in addition to any interest adjudged on such principal sum for any period prior to the institution of the action, with further interest at such rate on the aggregate sum so adjudged, from the date of the decree to the date of payment, or to such earlier date as the court thinks fit.".


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