CHAPTER 81
JUDGMENTS ACT
Arrangement of Sections
Section
1. Short title
2. Judgment debts, etc., to carry interest
3. —
AN ACT
to provide for the payment of interest on judgment debts.
[5th May, 1961]
Act 10 of 1961,
Act 16 of 1997.
This Act may be cited as the Judgments Act.
2. Judgment debts, etc., to carry interest
Every judgment, order, or decree of the High Court or of a subordinate court whereby any sum of money, or any costs, charges or expenses, is or are to be payable to any person shall carry interest as may be determined by the court which rate shall not exceed the current lending rate as determined by the Bank of Zambia from the time of entering up such judgment, order, or decree until the same shall be satisfied, and such interest may be levied under a writ of execution on such judgment, order, or decree.
[S 2 am by s 2 of Act 16 of 1997.]
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