Victorian Consolidated Legislation
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Accident Compensation (WorkCover Insurance) Act 1993 - SECT 59B
Deemed contract of insurance
59B. Deemed contract of insurance
(1) There is deemed to be a contract of insurance in the form approved by the
Authority in respect of an employer's liability to which section 59A applies
between the employer and the Authority.
(1A) A deemed contract of insurance does not indemnify an employer in respect
of any liability of the employer to pay compensation for a matter for which
compensation is awarded under Subdivision (1) of Division 2 of Part 4 of the
Sentencing Act 1991.
(2) For the purposes of a deemed contract of insurance-
(a) the Authority may undertake the settlement of any claim against the
employer insured under the contract;
(b) the Authority may take over during such period as it thinks proper the
conduct and control on behalf of the employer of any proceedings taken
or had to enforce such claim or for the settlement of any question
arising with reference thereto;
(c) the Authority may defend or conduct such proceedings in the name of
the employer and on the employer's behalf.
(3) The Authority may recover under section 61 any amount paid under a deemed
contract of insurance.
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