Paragraph 10 F1
(1)
The standard adjustments must be made by the rate-assessor to a rate of return that would be arrived at but for this paragraph.
(2)
The standard adjustments are the deduction of—
(a)
F21.25 percentage points, to represent—
(i)
the impact of taxation, and
(ii)
the costs of investment advice and management, and
(b)
0.5 of a percentage point, as the further margin involved in relation to the rate of return.
Annotations
Textual amendments
- F1
Sch. B1 inserted (S.) (1.7.2019) by Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019 (asp 4), s. 9(2), sch.; S.S.I. 2019/197, reg. 2
- F2
Words in Sch. B1 para. 10(2)(a) substituted (1.7.2024) by The Damages (Review of Rate of Return) (Scotland) Regulations 2024 (S.S.I. 2024/163), regs. 1, 2(3)