Versions

 

7.11.3 Consequence of Costs Not Paid Within the Stipulated Time

Where an order for costs of the proceedings has been imposed against a Person and the Person does not make payment within the specified period, the outstanding sum shall be a debt payable to the Exchange. The Exchange may commence legal action to recover that debt, subject to any subsequent payments made by the Person. The Exchange shall be entitled to claim reasonable interest, a month after the payment is due, based on the sum outstanding.

Added on 3 June 20193 June 2019.