Damages Act 1996 (c. 48)

[F1 SCHEDULE B1 S. Setting the rate for section B1(1): Scotland

Textual Amendments

F1 Sch. B1 inserted (S.) (1.7.2019) by Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019 (asp 4), s. 9(2), sch.; S.S.I. 2019/197, reg. 2

Notional investment portfolio S.

13 S. So far as necessary, if—

(a) an entry in the first column of the table is not ascribed meaning by regulations under paragraph 14, or

(b) any associated examples are not ascribed meaning by regulations under paragraph 14,

the entry is or (as the case may be) examples are to be interpreted by the rate-assessor as appropriate by bringing to bear professional knowledge of what the relevant terminology is commonly understood to mean in investment contexts.]