Following a decision awarding the claimant $571,891 for injurious affection due to business losses from an expropriation, the parties made written submissions on statutory interest.
The respondent argued that business losses are disturbance damages and do not attract interest under section 33(1) of the Expropriations Act.
The Tribunal rejected this argument, finding that business losses resulting from the construction or use of the works constitute injurious affection under section 1(1)(a)(ii) and therefore attract statutory interest.
The Tribunal ordered interest to be calculated from the beginning of each loss period, totaling $190,170.52 to April 19, 2024, with a per diem thereafter.