D Ltd v BE [2023] NZDT 346 (21 July 2023) [pdf, 113 KB]
...of $12,199.21 of the amounts invoiced. 19. While D Ltd claims contractual interest, they have provided no evidence of terms and conditions having been provided to BE or proven that BE agreed to interest on default amounts when the contract was formed. 20. Where there is no contractual rate of interest agreed, interest may be awarded by the Tribunal as per the Interest on Money Claims Act 2016. As discussed at the hearing, when a claim has been first brought some years after the cau...