--(1) Where an account of the debts of a deceased person is directed by any judgment, then, unless-
----(a) the deceased's estate is insolvent; or
----(b) the court otherwise directs,
--interest must be allowed-
--------(i) on any debt that carries interest, at the rate it carries; and
--------(ii) on any other debt at the statutory rate of interest from the date of judgment.
--(2) A creditor who has established his debt in proceedings under the judgment and whose debt does not carry interest is entitled to interest on his debt at the statutory rate from the date of the judgment out of any assets which may remain after satisfying the costs of the proceedings, the debts which have been established and the interest on such of the debts as by law carry interest.
Notes
Amended by Legal Notice 140 of 2000.
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