Scottish Statutory Instruments
Damages
Made
27th March 2017
Laid before the Scottish Parliament
27th March 2017
Coming into force
28th March 2017
The Scottish Ministers make the following Order in exercise of the powers conferred by section 1(1) of the Damages Act 1996(1) and all other powers enabling them to do so.
In accordance with section 1(4) of that Act they have consulted the Government Actuary.
1.-(1) This Order may be cited as the Damages (Personal Injury) (Scotland) Order 2017 and comes into force on 28th March 2017.
(2) This Order extends to Scotland only.
2. The rate of return referred to in section 1(1) of the Damages Act 1996 is minus 0.75 per cent.
3. The Damages (Personal Injury) (Scotland) Order 2002(2) is revoked.
ANNABELLE EWING
Authorised to sign by the Scottish Ministers
St Andrew's House,
Edinburgh
27th March 2017
(This note is not part of the Order)
This Order prescribes minus 0.75 per cent 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. This Order also revokes the Damages (Personal Injury) (Scotland) Order 2002.
1996 c.48; section 1(5) was substituted by S.I. 1999/1820, schedule 2, paragraph 126. In their application to Scotland, subsections (1) and (4) of section 1 are modified by subsection (5).