{
  "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024",
  "json_url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024.json",
  "id": "sdsi/2024/9780111059913",
  "title": "The Damages (Review of Rate of Return) (Scotland) Regulations 2024",
  "short_title": "Damages (Review of Rate of Return) 2024",
  "long_title": "These Regulations alter some of the parameters which are to be used by the official rate-assessor in setting the rate of return for the purposes of section B1(1) of the Damages Act 1996. That rate is known as the Personal Injury Discount Rate and is used in the calculation of awards of damages for future pecuniary loss in actions for personal injury. In terms of schedule B1 of that Act, the rate is to be set so as to reflect the return which a hypothetical investor could reasonably be expected to achieve if investing in a notional investment portfolio over a notional period, subject to a number of standard adjustments.",
  "citation": "Draft 2024, ISBN 9780111059913",
  "type": "sdsi",
  "year": "2024",
  "number": "9780111059913",
  "version": "current",
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      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
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      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/regulation-1",
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      "path": "regulation/2",
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      "heading": "Alteration of notional investment period and standard adjustments",
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      "extent": null,
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      "parent": null
    },
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      "path": "regulation/3",
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      "number": "3",
      "heading": "Allowance for impact of inflation",
      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/regulation-3",
      "extent": null,
      "status": null,
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    },
    {
      "path": "signature",
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      "heading": "Signature",
      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/signature",
      "extent": null,
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    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/note",
      "extent": null,
      "status": null,
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    }
  ],
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      "title": "Printed copy",
      "main": true,
      "language": null,
      "date": "2024-04-25",
      "size": 36405,
      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/pdf/sdsi_9780111059913_en.pdf",
      "source_url": "https://www.legislation.gov.uk/sdsi/2024/9780111059913/pdfs/sdsi_9780111059913_en.pdf"
    },
    {
      "title": "Draft Policy Note",
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      "language": null,
      "date": "2024-04-25",
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      "url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/pdf/sdsipn_9780111059913_en_001.pdf",
      "source_url": "https://www.legislation.gov.uk/sdsi/2024/9780111059913/pdfs/sdsipn_9780111059913_en_001.pdf"
    }
  ],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/1996/48",
      "title": "Damages Act 1996",
      "url": "https://openlegislation.uk/damages-act-1996",
      "provisions": []
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/changes.json",
  "changes_made_by": 0,
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  "instruments_made_under_url": "https://openlegislation.uk/draft-damages-review-of-rate-of-return-scotland-regulations-2024/instruments.json",
  "provenance": {
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    "source_url": "https://www.legislation.gov.uk/sdsi/2024/9780111059913",
    "retrieved_at": "2026-10-30T15:29:17.017802+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."
}