xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
Textual Amendments
F1Sch. C1 inserted (N.I.) (10.2.2022) by Damages (Return on Investment) Act (Northern Ireland) 2022 (c. 1), s. 5(2), Sch.; S.R. 2022/30, art. 2(c)
10(1)The standard adjustments must be made by the rate-assessor to a rate of return that would be arrived at but for this paragraph.N.I.
(2)The standard adjustments are the deduction of—
(a)[F21.25 percentage points], to represent—
(i)the impact of taxation, and
(ii)the costs of investment advice and management, and
(b)0.5 of a percentage point, as the further margin involved in relation to the rate of return.
Textual Amendments
F2Words in Sch. C1 para. 10(2)(a) substituted (1.7.2024) by The Damages (Process for Setting Rate of Return) Regulations (Northern Ireland) 2024 (S.R. 2024/137), regs. 1, 2
11(1)The Department of Justice may by regulations modify a figure appearing in paragraph 10(2)(a) or (b).N.I.
(2)A figure as so modified—
(a)may be zero or a positive number,
(b)if not a whole number (including zero), may comprise or incorporate a decimal fraction.]