Cap. 601 Art. 48Interest to be charged.

(1) There shall be charged interest on any sum or amount recoverable as provided under articles 45 and 46 for the period during which such sum or amount remains unpaid, from the date on which it becomes payable as prescribed under article 49.

(2) Such interest, as provided for under sub-article (1), shall be established at the maximum rate allowable by law.