The Damages (Investment Returns and Periodical Payments) (Scotland) Bill was introduced by the Cabinet Secretary for Justice, Michael Matheson MSP, on 14 June 2018. This Bill makes provision in relation to the assumed rate of return on investment of particular damages awarded in personal injury cases; and to make provision in relation to periodical payments of various damages awarded in personal injury cases.
As with all bills, the Finance and Constitution Committee invites written evidence on the estimated financial implications of the Bill as set out in its accompanying Financial Memorandum (FM).
The deadline for call for views closed on 31 August 2018. We received 4 responses and they can be found below:
Scottish Courts and Tribunal Service (49KB pdf)
Forum of Scotland Claim Managers (56KB pdf)
Association of British Insurers (54KB pdf)
South Lanarkshire Council (45KB pdf)
If you have any queries, please do not hesitate to contact the Committee clerking team on 0131 348 5451 or by emailing [email protected]