WORKERS COMPENSATION REGULATION 2003 - REG 72 Determination of contributions and further contributions

This legislation has been repealed.

WORKERS COMPENSATION REGULATION 2003 - REG 72

72 Determination of contributions and further contributions

(1) For the purpose of determining the amount of any contribution (or further contribution) to the Guarantee Fund, the Authority is entitled to rely on an estimate determined by it of the amount required to be contributed by insurers to the WorkCover Authority Fund.

(2) If the Authority determines that any change in that estimate is appropriate, it is to re-determine the contributions (or further contributions) of insurers to the Guarantee Fund, and the relevant amounts become payable by, or repayable to, insurers.