The Ministry of Justice has issued a Call for Evidence on
'Setting the Personal Injury Discount Rate'
The Civil Liability Bill has yet to receive Royal Assent, but
this is expected to take place in the near future. Although the
official process for the first review of the personal injury
discount rate as set out by the Civil Liability Bill has not
commenced, the Call for Evidence is a positive move.
The Ministry of Justice confirmed that issuing the Call now will
ensure that "the relevant data and information is
available in time for the first review to take place within the
timescales proposed under the Bill, the Ministry of Justice has
decided to issue this call for evidence before the Bill is
enacted."
