WORKERS COMPENSATION REGULATION 2003 - REG 64 Definition of "premium income"

This legislation has been repealed.

WORKERS COMPENSATION REGULATION 2003 - REG 64

64 Definition of "premium income"

For the purposes of the contributions payable by an insurer into the Fund 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:

(a) the application of an excess surcharge factor (as defined in the insurance premiums order in force in respect of that financial year), or

(b) a dust diseases contribution (as so defined), or

(c) a premiums adjustment contribution (as so defined).