This order establishes the specific rate of interest applicable to compensation payments under the Opencast Coal Act 1958. The document is issued by the government of Great Britain to provide a legal framework for calculating interest on financial settlements related to land acquisition or damage caused by opencast coal mining operations. It serves as a regulatory instrument to ensure consistency in financial obligations between the state and affected parties.

Legal professionals and government researchers utilize this text as a primary source for historical regulatory compliance and financial auditing. It is considered a technical document intended for administrative use rather than general reading.