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3.—(1) Average Weekly Earnings is prescribed as the published information for use instead of the retail prices index for the purposes of paragraph 9(2) of schedule B1 of the Damages Act 1996.
(2) In paragraph (1), “Average Weekly Earnings” means the measure of short-term average earnings used to measure changes in earnings over time—
(a)published periodically by the Statistics Board(1) under the title “Average weekly earnings in Great Britain”(2),
(b)based on that body’s Monthly Wages and Salaries Survey(3), and
(c)which relates to the whole of the economy of Great Britain.
The Statistics Board was established by section 1(1) of the Statistics and Registration Service Act 2007 (c. 18).
The relevant bulletin is made available each month on the following webpage: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours.
The Monthly Wages and Salaries Survey is conducted under the Statistics of Trade Act 1947 (c. 39).
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Policy Note sets out a brief statement of the purpose of a Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2012 onwards. Prior to this date these type of notes existed as ‘Executive Notes’ and accompanied Scottish Statutory Instruments from July 2005 until July 2012.
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