{
  "url": "https://openlegislation.uk/damages-act-1996/schedule-C1/paragraph-10",
  "json_url": "https://openlegislation.uk/damages-act-1996/schedule-C1/paragraph-10.json",
  "legislation": "ukpga/1996/48",
  "legislation_title": "Damages Act 1996",
  "legislation_url": "https://openlegislation.uk/damages-act-1996",
  "path": "schedule/C1/paragraph/10",
  "kind": "paragraph",
  "number": "10",
  "heading": null,
  "text": "(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.\n(2) The standard adjustments are the deduction of—\n(a) 1.25 percentage points, to represent—\n(i) the impact of taxation, and\n(ii) the costs of investment advice and management, and\n(b) 0.5 of a percentage point, as the further margin involved in relation to the rate of return.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. C1 inserted (N.I.) (10.2.2022) by Damages (Return on Investment) Act (Northern Ireland) 2022 (c. 1), s. 5(2), Sch.; S.R. 2022/30, art. 2(c)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. C1 para. 10(2)(a) substituted (1.7.2024) by The Damages (Process for Setting Rate of Return) Regulations (Northern Ireland) 2024 (S.R. 2024/137), regs. 1, 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1996/48/schedule/C1/paragraph/10",
    "retrieved_at": "2026-10-29T09:29:50.050497+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}