Interest on overdue payment

If a company fails to pay the invoice for reported NOx emissions, an interest of 8.75 % will be added to the amount on the second reminder.

Illustration per cent

This practice will come into force from 1st of May 2016. Interest on overdue payment will be added from the initial due date pursuant to the Act on interest on delayed payment. The rate for interest on overdue payment is set each half-year, in accordance with the rate stipulated by the Ministry of Finance.