CIVIL LIABILITY ACT 2002 - SECT 26U
Maximum legal costs of eligible claims
CIVIL LIABILITY ACT 2002 - SECT 26U
Maximum legal costs of eligible claims
26U Maximum legal costs of eligible claims
(1) The maximum costs for legal services provided to the plaintiff in
connection with a victim claim that is eligible to be satisfied from a
victim trust fund are fixed as follows--
(a) if the amount recovered on the
claim does not exceed $100,000--maximum costs are fixed at 20% of the
amount recovered or $10,000, whichever is greater,
(b) if the
amount recovered on the claim exceeds $100,000 but does not exceed
$250,000--maximum costs are fixed at 18% of the amount recovered or $20,000,
whichever is greater,
(c) if the amount recovered on the claim exceeds
$250,000 but does not exceed $500,000--maximum costs are fixed at 16% of the
amount recovered or $45,000, whichever is greater,
(d) if the
amount recovered on the claim exceeds $500,000--maximum costs are fixed at 15%
of the amount recovered or $80,000, whichever is greater.
(2) The regulations
may prescribe an amount or percentage to replace any amount or percentage in
subsection (1). When such a replacement amount or percentage is prescribed, it
applies for the purposes of subsection (1) in place of the amount or
percentage that it replaces.