← belizelaw.ai · Land Acquisition (Public Purposes), Cap. 184 · PART IV — Determination of Small Claims and assessment of
Interest
Cap. 184, s. 22 · Revised Edition 2020
(1) The Board, in awarding compensation, may add interest thereto and shall be guided by the rate paid by commercial banks in Belize on fixed deposits at the date of acquisition; so, however, that reasonable compensation shall be paid to the claimant having regard to all the circumstances.
(2) The interest under subsection (1) of this section may be added for the whole or any part of the period between the date of acquisition of the land and the date of the payment of the compensation awarded by the Board.
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