Employment Tribunal: interest on compensation changed
Pattinson & Brewer employment specialist Paul Statham highlights yet another Government amendment to employment tribunal rules…
The Government has just published the Employment Tribunals (Interest) Order (Amendment) Order 2013. This amends the way in which interest is charged in Employment Tribunal awards in non-discrimination cases.
The previous practice, under the 1990 Order, was that interest did not accrue on an award until a 42-day period had elapsed from judgment. This is now amended and provides that interest should accrue from the date of judgment, and that no interest will be payable if payment of the amount of the award is received in the 14-day period following judgment.
This brings the provision of interest on awards in non-discrimination cases into line with the current practice in respect of discrimination cases. The new provisions apply to all tribunal claims presented to an Employment Tribunal office on or after 29 July 2013.
At the same time, the Government published the Employment Code of Practice (Settlement Agreements) Order 2013 bringing the new ACAS Code of Practice on settlement agreement into force on 29 July 2013.