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Damages Act - discount rate review

Released 07:00 19-Mar-2019

RNS Number : 2151T
Ministry of Justice
19 March 2019
 

RNS ANNOUNCEMENT

 

Damages Act 1996 - personal injury discount rate review

The Lord Chancellor will announce later today that the first review of the personal injury discount rate under the Damages Act 1996 as amended by the Civil Liability Act 2018 will start on 19 March 2019.  

The Act requires that the Lord Chancellor must conduct the review and determine whether the rate should be changed or kept unchanged within 140 days of and including the date on which the review starts: that is, on or before 5 August 2019.


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Damages Act - discount rate review - RNS