(a) are a debt due to
WorkCover by the former self-insurer; and
(b) are payable within 20 business
days after WorkCover’s written demand for payment, or a further period
allowed by WorkCover.
(3) WorkCover may recover the debt from the former
self-insurer’s section 84security if the former self-insurer—
(a) fails
to pay the debt within the period; or
(b) authorises WorkCover to do so in
writing.
(4) If subsection (3) applies, WorkCover may, by written notice, ask
the Regulator to authorise the release of the amount of the debt to WorkCover
from the section 84security.
(5) The Regulator must make a decision about
the release of the amount within 20 business days after being given the
request.
(6) In this section—
"management costs" means the reasonable costs of administering the former
self-insurer’s claims.