---
title: "Work out the interest a tribunal may include in a money award"
url: "https://ailawframework.com/practice/arbitration-and-alternative-dispute-resolution/work-out-the-interest-a-tribunal-may-include-in-a-money-award"
type: "task"
site: "AI Law Framework"
id: "A6-OC20261022-12"
practice_area: "Arbitration & Alternative Dispute Resolution"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Work out the interest a tribunal may include in a money award

> From the amounts, the dates the lawyer supplies and any agreed rate, set out a pre-award interest calculation under section 25 and a post-due-date calculation under section 26.…

Canonical page: https://ailawframework.com/practice/arbitration-and-alternative-dispute-resolution/work-out-the-interest-a-tribunal-may-include-in-a-money-award  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Arbitration & Alternative Dispute Resolution](https://ailawframework.com/practice/arbitration-and-alternative-dispute-resolution.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the amounts, the dates the lawyer supplies and any agreed rate, set out a pre-award interest calculation under section 25 and a post-due-date calculation under section 26. The tool uses only the rate and period the lawyer has chosen. |
| What the lawyer must review | The lawyer chooses the rate and the period, decides whether interest is already payable as of right, and settles any figure that goes into the award or the submissions. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: From the amounts, the dates the lawyer supplies and any agreed rate, set out a pre-award interest calculation under section 25 and a post-due-date calculation under section 26. The tool uses only the rate and period the lawyer has chosen.
- What the lawyer does: The lawyer chooses the rate and the period, decides whether interest is already payable as of right, and settles any figure that goes into the award or the submissions.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Use section 25 only up to the date of the award, and only at a rate and for a period the lawyer has set. Do not award interest on interest under that section.
2. Leave out an amount on which interest is already payable as of right. Leave the dishonour of a bill of exchange to the damages rules.
3. Section 26 interest, which may be compound, runs from the day after the due date and only on the unpaid balance. It forms part of the award.
4. This is the statutory power, not a proofread of an award draft, and not the deposit interest retained by an institution. State statutes were not opened.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [International Arbitration Act 1974 (Cth) sections 25 and 26](https://www.legislation.gov.au/C2004A00192/latest) (checked 2026-10-22)

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/arbitration-and-alternative-dispute-resolution/work-out-the-interest-a-tribunal-may-include-in-a-money-award/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*