Any tax imposed under Section 203 that is not paid by the date
the tax is due shall bear interest as prescribed for interest on delinquent
municipal claims under the Act of May 16, 1923 (P.L. 207, No. 153),
53 P.S. § 7101 et seq., as amended, known as the "Municipal
Claims and Tax Liens Act." The interest rate shall be the lesser of
the interest rate imposed upon delinquent commonwealth taxes as provided
in Section 806 of the Act of April 9, 1929 (P.L. 343, No. 176), 72
P.S. § 806, as amended, known as the "Fiscal Code," or the
maximum interest rate permitted under the Municipal Claims and Tax
Liens Act for tax claims.
Ord. 1084, 12/20/1968, § 4; as amended by Ord.
2111, 12/11/2007, § 2
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