Rule 21 Amendments to the Civil Procedure Rules 1998
In the Glossary—
(a)
after the entry for “Base rate”, insert—
“
Budget An estimate of the reasonable and proportionate costs (including disbursements) which a party intends to incur in the proceedings. ”
; and
(b)
after the entry for “Exemplary damages”, insert—
“
Damages-based agreement A damages-based agreement is an agreement which complies with the provisions of the Damages-Based Agreements Regulations 2013. ”