Statutory Instruments
2024 No. 1261
DAMAGES, ENGLAND AND WALES
The Damages (Personal Injury) (England and Wales) Order 2024
Made
28th November 2024
Laid before Parliament
2nd December 2024
Coming into force
11th January 2025
The Lord Chancellor makes the following Order in exercise of the power conferred by section A1(1) of the Damages Act 1996( 1 ), having reviewed and determined the rate of return in accordance with paragraph 3 of Schedule A1 to that Act.
Citation, commencement and extent
1. —(1) This Order may be cited as the Damages (Personal Injury) (England and Wales) Order 2024 and comes into force on 11th January 2025.
(2) This Order extends to England and Wales only.
Rate of return
2. The prescribed rate of return referred to in section A1(1) of the Damages Act 1996 is 0.5%.
Shabana Mahmood
Lord Chancellor
28th November 2024
Ministry of Justice
1996 c. 48 . Section A1 and Schedule A1 were inserted by section 10 of the Civil Liability Act 2018 (c. 29) .