Before section 1 of the Damages Act 1996 (assumed rate of return on investment of damages) insert—
Before the Schedule to the Damages Act 1996 insert—
Any order made by the Lord Chancellor under section 1(1) of the Damages Act 1996 which relates to England and Wales and is in force immediately before the time when subsection (1) comes into force is to be treated after that time as if made by the Lord Chancellor under section A1(1) of that Act.
In consequence of the amendments made by subsections (1) and (2), the Damages Act 1996 is amended as follows—
section 1 is omitted;
in section 2(4)(a), for "the Schedule" substitute ;" Schedule 1 "
in section 2(7)(b), for "the Schedule" substitute ;" Schedule 1 "
in section 6(9), for "The Schedule" substitute ;" Schedule 1 "
the existing Schedule becomes Schedule 1 (and, accordingly, for the heading substitute the heading )." Schedule "" Schedule 1 "