47.—(1) Every judgment debt due upon a judgment of the Circuit Court F91[or decree of the District Court] obtained on or after the operative date shall be deemed a judgment debt within the meaning of section 26 (which provides that judgment debts are to carry interest) of the Debtors (Ireland) Act, 1840.

(2) Section 26 of the Debtors (Ireland) Act, 1840, and the said section 26, as extended by subsection (1) of this section, shall apply to a judgment debt due to or from a State authority.