19Indexation of defined benefits and quality of life damages

19 Indexation of defined benefits and quality of life damages (1) The MAI commission must, on or before each indexation day for an amount that is AWE indexed, declare— (a) the AWE indexation factor for the amount; and (b) the amount as indexed; and (c) that the amount as indexed applies on the indexation day for the amount. (2) A declaration under subsection (1) is a notifiable instrument. AWE indexation factor, for an amount, means the factor worked out for the amount in the way prescribed by regulation. indexation day—see section 18 (1) (b).

Duties in relation to motor accidents Division 1.2.4