Disputed amounts repayment and interest rate. (a) Where a party wishes to contest any invoice issued to it under this Schedule 7 (including any invoice in respect of Track Charges) it shall, within 14 days of receipt of the invoice, notify the other party in writing of the amount which is in dispute but shall pay the full amount of the invoice, including the disputed amount, in accordance with the terms of the invoice.
Disputed amounts repayment and interest rate. Where a party wishes to contest any invoice issued to it under this Schedule 7 (including any invoice in respect of Track Charges) it shall, within 14 days of receipt of the invoice, notify the other party in writing of the amount which is in dispute but shall pay the full amount of the invoice, including the disputed amount, in accordance with the terms of the invoice. Where a party has given notice under paragraph 11.5(a) that it disputes part of any invoiced amount: payment of such sum shall be without prejudice to the determination of whether such sum is properly due or not; and if it is subsequently determined that the disputed sum, or part of it, was not properly due the payee shall repay the disputed sum, or relevant part, to the payer together with interest (to accrue daily and be compounded monthly) at the Default Interest Rate from the date of payment until the actual date of repayment. Part 3 (Not Used) Part 3A (Not Used) Part 4 (Not Used) Part 5 (Additional Charges)
