LegalizeThe Damages (Personal Injury) (Scotland) Order 2017
Made: 27th March 2017
Laid before the Scottish Parliament: 27th March 2017
Coming into force: 28th March 2017
In accordance with section 1(4) of that Act they have consulted the Government Actuary.
Citation, commencement and extent
1
- (1) This Order may be cited as the Damages (Personal Injury) (Scotland) Order 2017 and comes into force on 28th March 2017.
- (2) This Order extends to Scotland only.
Rate of return
2
The rate of return referred to in section 1(1) of the Damages Act 1996 is minus 0.75 per cent.
Revocation
3
The Damages (Personal Injury) (Scotland) Order 2002[^f00002] is revoked.
Signed
ANNABELLE EWING — Authorised to sign by the Scottish Ministers — 27th March 2017
Explanatory note
(This note is not part of the Order)
EXPLANATORY NOTE
This Order prescribes minus 0.75 per cent as the rate of return which, under section 1 of the Damages Act 1996, courts are required to take into account when calculating damages for future pecuniary loss in an action for personal injury. This Order also revokes the Damages (Personal Injury) (Scotland) Order 2002.
Footnotes
[^f00001]: 1996 c.48; section 1(5) was substituted by S.I. 1999/1820, schedule 2, paragraph 126. In their application to Scotland, subsections (1) and (4) of section 1 are modified by subsection (5).
[^f00002]: S.S.I. 2002/46.
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