173Discount rate applicable to certain awards of damages

173 Discount rate applicable to certain awards of damages (1) Where an award of damages to which this Division applies is to include compensation, assessed as a lump sum, in respect of damages for future loss which is referable to— the present value of the future loss must be qualified by adopting a discount rate of 6 per centum in order to make appropriate allowance for inflation, the income from investment of the sum awarded and the effect of taxation on that income. (2) Except as provided by this section, nothing in this section affects any other law relating to the discounting of sums awarded as damages.