Damages Act 1996: the discount rate – review of the legal framework – Ministry of Justice

Posted February 15th, 2013 in consultations, damages, news, personal injuries by sally

“This consultation paper seeks views on two subjects relating to the setting of the discount rate under section 1 of the Damages Act 1996:

Whether the legal parameters defining how the rate is set should be changed.

Whether there is a case for encouraging the use of periodical payment orders instead of lump sum payments.”

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Ministry of Justice, 12th February 2013

Source: www.justice.gov.uk