WORKERS' COMPENSATION AND INJURY MANAGEMENT ACT 1981 - SECT 5A

WORKERS' COMPENSATION AND INJURY MANAGEMENT ACT 1981 - SECT 5A

5A .         Prescribed amount and variation of certain amounts

        (1A)         In this section —

        adjustable amount means —

            (a)         the prescribed amount; or

            (b)         an amount that a provision of this Act describes as applying in accordance with this section; or

            (c)         Amount C;

        Amount C means —

            (a)         for a financial year ending before 1 July 2020, the amount worked out under clause 11(2) as in force on 1 July of that year;

            (b)         for the financial year ending 30 June 2021, the amount of $2 645.90;

            (c)         for any subsequent financial year, the amount prescribed, or worked out, under the regulations for that financial year;

        prescribed amount means —

            (a)         for a financial year ending before 1 July 2020, the amount that was the prescribed amount for that financial year under this Act as in force on 1 July of that year;

            (b)         for the financial year ending 30 June 2021, the amount of $235 971.00;

            (c)         for any subsequent financial year, the amount prescribed, or worked out, under the regulations for that financial year.

        (1)         An amount that a provision of this Act describes as applying in accordance with this section is —

            (a)         before 1 July 1997, the amount that was prescribed for the purposes of that provision;

            (b)         for a financial year commencing on or after 1 July 1997 and ending before 1 July 2021, the nearest whole number of dollars to the amount obtained by varying the amount applying at the commencement of the preceding financial year by the percentage by which the March CPI varies from the March CPI for the preceding financial year, or if the relevant index numbers are not published, the amount obtained by varying the amount applying at the commencement of the preceding financial year in accordance with the regulations (with an amount that is 50 cents more than a whole number of dollars being rounded off to the next highest whole number of dollars);

            (c)         for any subsequent financial year, the amount prescribed for the purposes of the provision, or worked out, under the regulations for that financial year.

        (2)         In this section March CPI , for a financial year, means the index number for the quarter ending on the last 31 March before the financial year commences, as shown in the Consumer Price Index Numbers (All Groups Index) for Perth published by the Commonwealth Statistician under the Census and Statistics Act 1905 of the Commonwealth.

        (3)         The regulations may vary an adjustable amount, including by providing for the periodic variation of an adjustable amount in accordance with a specified methodology (an adjustment methodology ).

        (4)         The regulations may provide for different adjustment methodologies for different adjustable amounts.

        (5)         If, for a particular period, variation under the regulations of an adjustable amount would reduce the amount, the amount is not to be varied for the period.

        (6)         An adjustable amount for a financial year must be published on the WorkCover WA website.

        [Section 5A inserted: No. 34 of 1999 s. 5; amended: No. 31 of 2020 s. 5.]