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Section 98 Interest on damages: reductions in respect of relevant payments.

Northern Ireland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In assessing the amount of interest payable in respect of an award of damages, the amount of the award shall be treated as reduced by a sum equal to the amount of the relevant payment (if any) required to be made in connection with the payment of the damages and, if both special and general damages are awarded, any such reductions shall be treated as made first against the special damages and then, as respects any remaining balance, against the general damages.

Notes on Part IV

Textual amendments

F1

Pt. IV (ss. 77-99) repealed (6.10.1997) by S.I. 1997/1183 (N.I. 12), art. 31(1)(2), Sch. 3, para. 2, Sch. 4; S.R. 1997/400, art. 2(2)