The calculation of interest under article 395 of the civil code.
From August 2016 to change the order of calculation of percent on article 395 of GK of the Russian Federation. Payment will be made on the basis of the key rate.
The size of percent for using another’s money funds will be on the key rate of the Central Bank of the Russian Federation, which operated in specific periods of delay. Currently the key rate is equal to 10.5%.
Provided for alternative interest calculation: stipulated by law or contract.
Document: FZ 03.07.2016 N 315-FZ (the changes come into force on 1 August 2016).