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. 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)
- F2
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