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

Transitional arrangements S.

27 (1) This sub-paragraph applies to a rate of return— S.

(a) prescribed by an order made under section 1(1) of the Damages Act 1996, and

(b) having effect—

(i) in relation to Scotland, and

(ii) immediately before the appointed day.

(2) A rate of return to which sub-paragraph (1) applies is to be treated from the appointed day as if it were set for the purpose of section B1(1).

(3) For the purpose of this paragraph, the appointed day is [F2 1 July 2019].]

Textual Amendments

F2 Words in Sch. B1 para. 27(3) substituted (S.) (1.7.2019) by The Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019 (Commencement No. 1) Regulations 2019 (S.S.I. 2019/197), reg. 3