- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Instruments
DAMAGES, ENGLAND AND WALES
DAMAGES, NORTHERN IRELAND
Made
25th June 2001
Laid before Parliament
27th June 2001
Coming into force
28th June 2001
The Lord Chancellor, in exercise of the powers conferred upon him by section 1 of the Damages Act 1996(1), having consulted the Government Actuary and the Treasury in accordance with section 1(4) of that Act, makes the following Order:
1. This Order may be cited as the Damages (Personal Injury) Order 2001 and shall come into force on 28th June 2001.
2. The rate of return referred to in section 1(1) of the Damages Act 1996 shall be 2.5 per cent.
Irvine of Lairg, C
Dated 25th June 2001
(This note is not part of the Order)
This Order prescribes 2.5% as the rate of return which, under section 1 of the Damages Act 1996, courts are required to take into account when calculating damages for future pecuniary loss in an action for personal injury.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: