South Australian Consolidated Regulations20—Notification by self-insured employers
Pursuant to section 63(3aa) of the Act—
(a) a
self-insured employer must provide the following information to the
Corporation before it proceeds to make an assessment under Division 4B of Part
4 of the Act:
(i)
the period to which the assessment relates; and
(ii)
the worker's weekly earnings and an estimation of the
income tax that would otherwise be payable over the period to which the
assessment relates; and
(iii)
whether the proposed assessment is to be a final
assessment or an interim assessment; and
(iv)
the amount of capital loss assessed by the self-insured
employer; and
(v)
whether it is proposed that the amount assessed be paid
in a single lump sum or by instalments and, in the case of instalments, the
frequency and amount of each instalment; and
(b) if
the self-insured employer has made an interim assessment of loss—a
self-insured employer must, at least one month before the expiration of the
period to which that interim assessment relates, furnish the Corporation with
new information that complies with the requirements of paragraph (a) for
the period to which the next assessment will relate; and
(c) a
self-insured employer must, on request, within a reasonable time, supply the
Corporation with such other information as the Corporation may require in
order to determine whether it is appropriate to grant its consent to the
assessment under the Act.