Victorian Consolidated Legislation

Accident Compensation (WorkCover Insurance) Act 1993 - SECT 8

Rateable remuneration

8. Rateable remuneration



(1) The remuneration subject to a premium under this Act is remuneration that
is paid or payable by an employer on or after 1 July 2005 in respect of
services performed or rendered on or after 1 July 2005 by a worker whose
employment is connected with the State of Victoria within the meaning of
section 80 of the Accident Compensation Act 1985.

(2) Subsections (1) and (2) as in force before the commencement of section 26
of the Accident Compensation (Amendment) Act 2005 continue to apply for the
purposes of determining remuneration subject to a premium before 1 July 2005.

(2A) For the purposes of this section, where remuneration includes a fringe
benefit within the meaning of section 5(1) of the
Accident Compensation Act 1985, that part of the fringe benefit which is to be
included in rateable remuneration for a financial year is to be the fringe
benefit calculated for the period 1 April to 31 March ending in that financial
year.

(2B) Remuneration that is superannuation benefits that are not paid in respect
of services performed or rendered by a worker in a particular month is
rateable remuneration under this Act as if it were paid or payable in respect
of services performed or rendered during the month in which it is paid or
became payable.

(2C) Nothing in subsection (2B) applies to render remuneration that is
superannuation benefits paid or payable in respect of services performed or
rendered in respect of services performed or rendered by a worker before 1
January 1998 to be rateable remuneration.



* * * * *