2013-Ģ��ƵAT-322

Ģ��ƵAT Held or Ģ��ƵDT Pronouncements

Ģ��ƵAT considered an application for interpretation by Mr Shkurtaj on the issue of interest. Ģ��ƵAT referred to Warren (judgment No. 2010-Ģ��ƵAT-059) and Mmata (judgment No. 2010-Ģ��ƵAT-092) for the holding that interest was to be paid at the US Prime rate from the date on which the entitlement became due. Ģ��ƵAT held that the interest payable was at the US Prime Rate and that an extra five per cent should be added to the US Prime Rate if the judgment was not executed within 60 days of its issuance. Ģ��ƵAT held that the date from which interest on the compensation was to be paid at the US Prime Rate was calculated from the date of the Ģ��ƵDT judgment. Ģ��ƵAT ordered that the date from which interest was to be paid at the US Prime Rate was to be calculated from the date of the Ģ��ƵDT judgment.

Decision Contested or Judgment/Order Appealed

In judgment No. 2011-Ģ��ƵAT-148, Mr Shkurtaj was awarded compensation for the violation of his due process rights and for the delay.

Legal Principle(s)

Interest on compensation is to be paid at the US Prime rate from the date upon which the entitlement becomes due and an extra five per cent shall be added to the US Prime Rate if the judgment is not executed within 60 days of its issuance to the parties.

Outcome

Appeal dismissed on merits; Appeal granted in part

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Applicants/Appellants

Shkurtaj

Entity

Case Number(s)

Tribunal

Registry