Lord Carlile of Berriew
asked Her Majesty's Government:
Whether they will publish or place in the Library the advice given to the Lord Chancellor by the Government Auditor as to the appropriate percentage interest rate to be applied to the calculation of multipliers in personal injury cases. [HL1121]
§ The Lord Chancellor
While preparing the Consultation Paper,Damages: The Discount Rate and Alternatives to Lump Sum Payments, the Government consulted the Government Actuary. A copy of the Government Actuary's report dated December 1998, together with further comments he made in a letter dated 26 October 2000, have been placed in the Libraries of both Houses.106WA
The Government Actuary was subsequently asked to comment on issues of methodology raised in counsel's opinion. The accepted practice is not to publish legal advice and closely related documents.