Section 1 (a) and (b) BEFORE amended by BC Reg 74/2014, effective April 30, 2014.

(a) a discount rate of 2 1/2% per annum compound which shall be deemed to be the future difference between the investment rate of interest and the rate of increase of earnings due to inflation and general increases in productivity, and

(b) a discount rate of 3 1/2% per annum compound which shall be deemed to be the future difference between the investment rate of interest and the rate of general price inflation.