The official website for the States of Guernsey

Today

St Peter Port & St Sampson
Blue Bag
Clear Bag
Food Waste
Black Bag
Glass Bag

All Other Parishes
Blue Bag
Clear Bag
Food Waste
Black Bag
Glass Bag
More Information
weather iconBecoming cloudy with rain overnight, heavy at times before dawn.
High20°CLow14°C
5 day forecastTide timetables
weather iconBecoming cloudy with rain overnight, heavy at times before dawn.
High20°CLow14°C
5 day forecastTide timetables
Sign In

Insurance - Statutory Discount Rate and Other Matters

Share this page

Policy & Resources Committee - P.2019/16

The States are asked to decide:-

Whether, after consideration of the policy letter entitled 'Insurance - Statutory Discount Rate and Other Matters' dated 8 February 2019 they are of the opinion:-

1. To approve the proposals set out in that Policy Letter for the preparation of the necessary Guernsey legislation to:

     a. enable the introduction of a statutory discount rate with the setting of the rate to be
         by regulations of the Policy & Resources Committee;

     b. create a power for the court to order the payment of damages for a personal injury
         claim by means of periodical payments;

     c. create a power, by Ordinance, to introduce a scheme to recover costs which would
         otherwise fall to the States arising from a personal injury claim; and

     d. create a power, by Ordinance, to introduce limitations to personal injury damages awards.

2. To direct the preparation of such legislation as may be necessary to give effect to the above proposition.

The above Propositions have been submitted to Her Majesty's Procureur for advice on any legal or constitutional implications in accordance with Rule 4(1) of the Rules of Procedure of the States of Deliberation and their Committees.

Downloads

Insurance - Statutory Discount Rate and Other Matters

Share this page

Add To Home

To add this page to the homescreen of your phone, go to the menu button and "Add to homescreen".


The menu button may look like
Three Dots or Box with an Arrow *some browsers' menu buttons may vary.