Section 10
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OJ.a.U t ts m e 10 t o pa.y· ment upon tbc due date of any sum to the money-lender under the contract, whether in respect of friocipa.l or interest, or both, the money lender sbal be entitled to charge simp
le interest on that sum from the date of the default until the sum is paid, at a. rat-e not exceeding the rate payable in respect of the principal apart from any default, and any interest so oha.rge\1 shall not be reckoned for the purposes o.f this Act as of tho interest charged in respect of the loan.J
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