WORKERS' COMPENSATION AND INJURY MANAGEMENT ACT 1981 - SECT 151

WORKERS' COMPENSATION AND INJURY MANAGEMENT ACT 1981 - SECT 151

151 .         Premium rates for insurance, fixing of

                For the purpose of fixing premium rates to be charged for insurance in respect of all insurable risks under this Act, the following provisions apply —

            (a)         WorkCover WA shall from time to time —

                  (i)         fix categories of businesses or groups of businesses each with a different insurable risk and specify the types of business or occupation within each category; and

                  (ii)         on the basis formulated pursuant to paragraph (b) fix the appropriate recommended premium rate for each category; and

                  (iii)         fix an additional industrial disease premium to cover claims in respect of pneumoconiosis, mesothelioma, lung cancer and diffuse pleural fibrosis arising from employment in any mine or mining operation and claims in respect of other industrial diseases as may be specified by the Minister from time to time by notice published in the Gazette , which industrial disease premium shall be paid by employers in classes to be specified by WorkCover WA pursuant to paragraph (c) in respect of such claims;

                and

            (b)         WorkCover WA is to formulate a basis expressed as a loss ratio for a category or group of categories on which basis it is to fix for each category a recommended premium rate pursuant to paragraph (a)(ii); and

            (c)         WorkCover WA may specify classes of employers specially fixed by the Minister the employers within which class are liable to pay the industrial disease premium at a rate specified by WorkCover WA for that class.

        [Section 151 amended: No. 44 of 1985 s. 30; No. 96 of 1990 s. 30; No. 42 of 2004 s. 113 and 153; No. 31 of 2011 s. 101.]