# The Credit Rating Agencies (Civil Liability) Regulations 2013, Regulation 15: Issuers and investors: duty to mitigate loss and contributory negligence

Extent: E+W+S+N.I.

(1) The common law principle that a claimant’s damages may be reduced if the claimant fails to mitigate their loss applies to any damages assessed under regulations 13 and 14.
(2) The provisions of the Law Reform (Contributory Negligence) Act 1945 apply to any damages assessed under regulations 13 and 14.

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Source: https://www.legislation.gov.uk/uksi/2013/1637/regulation/15 (the official version)
Page: https://openlegislation.uk/credit-rating-agencies-civil-liability-regulations-2013/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.