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WORKERS COMPENSATION REGULATION 2003 - REG 59 Definition of "premium income" for purposes of insurers' contributions

This legislation has been repealed.

WORKERS COMPENSATION REGULATION 2003 - REG 59

Definition of "premium income" for purposes of insurers' contributions

59 Definition of "premium income" for purposes of insurers' contributions

For the purposes of the contribution payable by an insurer under section 39 of the 1998 Act for a financial year, premium income (as defined in section 4 (1) of the 1998 Act) does not include any part of such a premium that is attributable to the application of an excess surcharge factor or a dust diseases contribution in the calculation of the premium.