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Damages Act 1996

Volume 495: debated on Tuesday 30 June 2009

To ask the Secretary of State for Justice if he will ensure the discount rate for future loss under the Damages Act 1996 reflects the real rate of return for index-linked government stock and equity; and if he will make a statement. (282499)

The discount rate under the Damages Act 1996 is kept under review. It would not be appropriate for the Government to give any indication of how or when this is done, as this would generate speculation that could significantly affect settlements in personal injury cases.