New South Wales Consolidated Regulations New South Wales Consolidated Regulations(Clause 3)
(1) The apprentice incentive amount (“A”) for an employer is to be calculated in accordance with the following formula:
"Aa", "Ab" … "An" are each a part of the total wages payable to apprentices under apprenticeship contracts by the employer in respect of the period of insurance for which the premium is to be calculated, being a part of the total wages attributable to a class appearing in Column 2 of Table A applicable to the employer.
"Ra", "Rb" … "Rn" are each a percentage rate specified in Column 4 of Table A that corresponds with a class applicable to the employer, being a class appearing in Column 2 of Table A opposite the percentage rate.
(2) For the purposes of subclause (1), the classifications applicable to an employer and the part of total wages payable by an employer that is attributable to any such classification are to be as determined by reference to returns, if any, furnished in accordance with the regulations by the employer to the insurer, or by other information from the employer.
(3) In this clause, "apprenticeship contract" has the same meaning as in the Apprenticeship and Traineeship Act 2001 .
(1) If the employer does not supply sufficient information to enable the business to be classified, the business is to be classified in the class with the highest percentage rate that appears to be applicable to the business. The business may be reclassified to a class having a lower percentage rate when sufficient information is supplied.
(2) If the employer has not supplied a notice with respect to wages (as required by clause 130 of the Workers Compensation Regulation 2003 ) in respect of any relevant period of insurance, the apprentice incentive amount (“A”) is taken to be zero for the purposes of the calculation of the employer’s premium. The apprentice incentive amount (“A”) for an employer’s premium may be recalculated when the required notice as to wages has been supplied.
(1) For the purposes of calculating any premium amount that is payable by an employer before the expiration of the period of insurance for which the premium relates, the apprentice incentive amount (“A”) is taken to be zero unless the scheme agent through whom the policy is to be provided to the employer has notified the employer that it has the facilities to enable the apprentice incentive amount (“A”) to be calculated and incorporated into the employer’s premium calculation.Note: In calculating premium amounts payable after the expiration of the period of insurance (known as hindsight premiums), the actual apprentice incentive amount (“A”) is to be calculated and incorporated into the employer’s premium calculation.
(2) Subclause (1) does not apply to the calculation of any premium amount that is payable in respect of a period of insurance commencing on or after 31 December 2007.
