Acquisition of Land (Interest on Compensation) Rules 1971. Country/Territory Bermuda (UK) Document type Regulation Date 1971 (2009) Source FAO, FAOLEX Subject Land & soil Keyword Expropriation Geographical area Americas, Atlantic Ocean Islands, North America, North Atlantic Abstract These Regulations prescribe that any compensation agreed or awarded for land of which possession is taken by the Minister under the authority vested in him by section 8(1) of the Acquisition of Land Act 1970 [title 19 item 2], shall carry interest from the date of entry until compensation is paid or paid into court in accordance with that Act at the rate of 7 percent per annum. Full text English Website www.bermudalaws.bm References - Legislation Implements Acquisition of Land Act. Legislation | Bermuda (UK) | 1970 (2011) Keyword: Basic legislation, Expropriation, Legal proceedings/administrative proceedings, Dispute settlement, Transfer, Land valuation Source: FAO, FAOLEX