70. Section 169 of the Act of 2021 is amended—

(a) by renumbering it as section 169(1), and

(b) by the insertion of the following subsection after subsection (1):

“(2) Interest shall be payable on an amount referred to in subsection (1), from the time it is due and owing to the MARA until it is paid to the MARA, at—

(a) the prescribed rate, or

(b) if no such rate stands prescribed, the rate of 2 per cent,

and that reference to amount shall include a reference to the amount of interest payable thereon as calculated under this subsection.”.