Damages Act 1996
Damages Act 1996 (1996 c. 48)
- Damages Act 1996 (1996 c. 48)
- A1 Assumed rate of return on investment of damages: England and Wales
- B1 Assumed rate of return on damages invested: Scotland
- C1 Assumed rate of return on damages invested: Northern Ireland
- 1 Assumed rate of return on investment of damages.
- 2 Periodical payments
- 2 Consent orders for periodical payments.
- 2A Periodical payments: supplementary
- 2B Variation of orders and settlements
- 3 Provisional damages and fatal accident claims.
- 4 Enhanced protection for periodical payments
- 5 Meaning of structured settlement.
- 6 Guarantees for public sector settlements.
- 7 Interpretation.
- 8 Short title, extent and commencement.
- SCHEDULE A1 ASSUMED RATE OF RETURN ON INVESTMENT OF DAMAGES: ENGLAND AND WALES
- Periodic reviews of the rate of return
- Conducting the first review
- Conducting later reviews
- Determining the rate of return
- Determination
- Expert panel
- Proceedings, powers and funding of an expert panel
- Application of this Schedule where there are several rates of return
- Interpretation
- SCHEDULE B1 Setting the rate for section B1(1): Scotland
- Regular review of rates of return
- Overview as to rate-setting
- Returns-based assessment
- Standard adjustments
- Notional investment portfolio
- Details within portfolio
- Hypothetical investor
- Expression of rates set
- Single or multiple rates
- Reporting and effective date
- Reimbursement of costs
- Transitional arrangements
- Procedure for regulations
- Interpretation of schedule
- SCHEDULE C1 Setting the rate for section C1(1): Northern Ireland
- Regular review of rates of return
- Overview as to rate-setting
- Returns-based assessment
- Standard adjustments
- Notional investment portfolio
- Details within portfolio
- Hypothetical investor
- Expression of rates set
- Single or multiple rates
- Reporting and effective date
- Reimbursement of costs
- Transitional arrangements
- Procedure for regulations
- Interpretation of Schedule
- SCHEDULE 1 Guarantees by Northern Ireland departments for public sector settlements
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