84BDetermination of LTCS levy—work injuries

84B Determination of LTCS levy—work injuries (1) The LTCS commissioner may determine a LTCS levy relating to work injuries for a contribution period payable by a workers compensation insurer or licensed self-insurer as any of the following: (a) a fixed amount; (b) a percentage of— (i) for a workers compensation insurer—the gross written premiums for the insurer; and (ii) for a licensed self-insurer—the notional gross written premium for the licensed self-insurer; (c) a combination of a fixed amount and percentage of the gross or notional gross written premiums. (2) The LTCS guidelines may make provision in relation to the methodology for apportionment to be used for determining a LTCS levy relating to work injuries for a contribution period.

(3) A LTCS levy relating to work injuries determined for a contribution period may differ according to any classification or other criteria for the determination of premiums for workers compensation policies as provided for by the Workers Compensation Act 1951. Note 1 A reference to an Act includes a reference to the statutory instruments Note 2 Power to make a statutory instrument in relation to a matter includes power to make provision in relation to a class of matter (see Legislation Act, s 48 (2)). Note 3 Gross written premiums, notional gross written premium and licensed self-insurer—see the Workers Compensation Act 1951, dictionary. Note 4 Workers compensation insurer—see the dictionary.