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WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 306R Court required to inform parties of proposed award

WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 306R

Court required to inform parties of proposed award

306R Court required to inform parties of proposed award

(1) The purpose of this section is to enable the court to give the parties to a proceeding a reasonable opportunity to negotiate a structured settlement.
(2) A court that decides to make an award for future loss (not including interest) of more than the amount prescribed under a regulation for this section must first notify all the parties to the proceeding of the terms of the award it proposes to make.