WORKERS' COMPENSATION AND REHABILITATION REGULATION 2014 - REG 12
Premium for appeals—Act, s 569(2)(a)
WORKERS' COMPENSATION AND REHABILITATION REGULATION 2014 - REG 12
Premium for appeals—Act, s 569(2)(a)
12 Premium for appeals—Act, s 569(2)(a)
(1) For section 569 (2) (a) of the Act , premium, for an employer for a period
of insurance, is an amount calculated using the formula—
(2) In subsection
(1) —
"rate" means the rate for the employer’s industry or business specified in
the notice under section 54 of the Act that applies to the period of
insurance.
"wages" means—
(a) the wages of the employer for the preceding period of
insurance; or
(b) if the employer has only been insured for part of a period
of insurance—a reasonable estimate of the wages of the employer for the
period of insurance.
