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Personal Injury Discount Rate - Press Release

The Civil Liability Act 2018 was passed into law yesterday, on 20th December 2018. A review of the rate must commence within 90 days of 20th December 2018 (by 20th March 2019). The review period could then last up to 140 days. At the latest, therefore, there will be a decision on what the appropriate discount rate should be by 7th August 2019.