– Scottish Parliament written question – answered at on 3 January 2002.
Question S1W-20685
To ask the Scottish Executive what consultations have been held with the Government Actuary to determine the rate of return expected from the investment of a sum awarded as damages for future pecuniary loss in an action of damages for personal injury and when it will bring forward an order prescribing an assumed rate of return on investment of damages.
The Executive has now received advice from the Government Actuary on determining the rate of return to be expected from the investment of such sums. The advice is being considered and a decision on the rate and the timing of an order prescribing the rate will be taken in the New Year.
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