What is the surcharge for a late payment?

In the words of the Act itself, opening determines the enforced recovery of the so-called "accrual" for collection surcharge and any interests for late payment.

In general, the surcharge is set at 20 percent of the required debt (see in section below) and the interest rate for late payment, for exercise 1995, at 11 percent.

The surcharge for late payment should not be confused with the only charge for out of date voluntary payments <strong>(see comments in paragraphs 1.7 and 2.2)</strong>.