Dutch Legislation

Article 7:129d

in force

Loan of money

Civil Code — Book 7 (specific contracts) · Title 2c · In force since 2017-01-01

Source

If it follows from the agreement that interest is due on the sum borrowed, but the rate of such interest has not been determined by the parties, the interest must be calculated according to the interest rate established for statutory interest.

Indien uit de overeenkomst voortvloeit dat over de geleende som rente verschuldigd is, maar de hoogte van die rente niet door partijen is bepaald, moet de rente volgens de voor wettelijke rente vastgestelde rentevoet worden berekend.