Explanatory Memorandum

Damages (Return on Investment) Act (Northern Ireland) 2022

2022 CHAPTER 1

2 February 2022

Introduction

1. These Explanatory Notes relate to the Damages (Return on Investment) Act (Northern Ireland) 2022, which received Royal Assent on 2 February 2022. They have been prepared by the Department of Justice (“the Department”) in order to assist the reader in understanding the Act. They do not form part of the Act and have not been endorsed by the Assembly.

2. The notes need to be read in conjunction with the Act. They are not, and are not meant to be, a comprehensive description of the Act. So where a section, or part of a section, or a paragraph, or part of a paragraph, in the Schedule does not seem to require an explanation or comment, none is given.