[F17(1)The basis on which the rate-assessor is to make a rate determination in a review under paragraph 1(1) or 2(1) is as set out in sub-paragraph (2).N.I.
(2)A rate of return should reflect the return that could reasonably be expected to be achieved by a person who invests—
(a)in the notional portfolio, and
(b)for a period of 43 years.
(3)This is without prejudice to paragraphs 10 and 20 (with paragraph 10 to be met before paragraph 20 is met).
(4)The notional portfolio is shown in the table in paragraph 12(3).]
Textual Amendments
F1Sch. C1 inserted (N.I.) (10.2.2022) by Damages (Return on Investment) Act (Northern Ireland) 2022 (c. 1), s. 5(2), Sch.; S.R. 2022/30, art. 2(c)