New South Wales Consolidated Acts

CIVIL LIABILITY ACT 2002 - SECT 26

26 Offer of structured settlement-legal costs

(1) Section 340 of the Legal Profession Act 2004 extends to an offer of compromise by way of a structured settlement on a claim for personal injury damages.

(2) In that case, the court is to have regard to the cost to the defendant of the proposed structured settlement as compared to the lump sum payment of damages when determining whether a reasonable offer of compromise has been made.