The SRA Handbook is no longer in effect. It was replaced by the SRA Standards and Regulations on 25 November 2019.

SRA Handbook

Interest on stakeholder money

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Version 15 of the Handbook was published on 01/11/2015. For more information, please click 'History' Above

Rule 24: Interest on stakeholder money

24.1

When you hold money as stakeholder, you must pay interest on the basis set out in rule 22 to the person to whom the stake is paid, unless the parties have contracted out of this provision (see rule 25.3).