Lag om ändring av räntelagen
If a commercial payment is late, the debtor must pay annual default interest at 8 percentage points above the applicable reference rate; if that amount would be lower than the pre-due-date interest, the older basis applies instead. Finlands Bank must publish a notice of the reference rate, its validity period, and the
- Jurisdiction
- Finland
- Instrument
- Act or statute
- Citation
- 32
- Version
- Undated source snapshot
- Language
- sv
- Updated
- Official source
- View official record ↗
Statute overview
About this statute
If a commercial payment is late, the debtor must pay annual default interest at 8 percentage points above the applicable reference rate; if that amount would be lower than the pre-due-date interest, the older basis applies instead. Finlands Bank must publish a notice of the reference rate, its validity period, and the default interest rates without delay.
Available versions
Undated version · current
fi
Undated version · current
sv
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Lag om ändring av räntelagen
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