Victorian Consolidated Legislation

Accident Compensation Act 1985 - SECT 137A

Settlement between Transport Accident Commission and the Authority

137A. Settlement between Transport Accident Commission and the Authority





(1) If-





   (a)  the Transport Accident Commission is liable to make a payment to the
        Authority in accordance with section 137(2) or 137(5A); or

   (b)  it appears to the Authority and the Transport Accident Commission that
        the Transport Accident Commission may become liable to make further
        payments to the Authority in accordance with section 137(2) or
        137(5A)-

the Transport Accident Commission and the Authority may undertake a settlement
of that liability or potential liability to make payments in accordance with
section 137(2) or 137(5A).

(2) For the purposes of a settlement under subsection (1) of a liability or
potential liability, the Authority and the Transport Accident Commission may,
despite section 137(2) or 137(5A), determine the value of that liability or
potential liability in any manner they think fit.