Commonwealth Consolidated Regulations

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HEALTH AND OTHER SERVICES (COMPENSATION) REGULATIONS 1995 - REG 4

What is a small amount of compensation?

(1)
For the purposes of subsection 38 (2) of the Act, the following amounts are prescribed:

(a)
in relation to an amount of compensation fixed in the period of 12 months from the beginning of 1 February 1996 — $150;

(b)
in relation to an amount of compensation fixed in each succeeding period of 12 months-an amount calculated using the formula:

(2)
In the formula in paragraph (1) (b):

(a) amount means:

(i)
in the application of the formula in that paragraph to the first period of 12 months — the amount prescribed in paragraph (1) (a); and
(ii)
in the application of that formula to a later period-the amount calculated in the application of the formula to the preceding period of 12 months; and
(b)
index number for the CPI September quarter means the All Groups Consumer Price Index (being the weighted average of the 8 Australian capital cities) published by the Australian Statistician for the period of 3 months ending on 30 September in the preceding period of 12 months.



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