sec.93Establishment of fund

sec.93 Establishment of fund

There is to be a fund called the national injury insurance scheme fund, Queensland. The fund consists of— the amounts received by the agency by way of the levy; and the amounts received or recovered by the agency in connection with the scheme; and income derived from the investment of the fund; and an amount transferred to the fund under section 95 ; and an amount paid to the agency under section 96 (2) . The following amounts are to be paid from the fund— the costs of administering the scheme, including payments made under chapter 2 , part 4 ; the costs of managing the fund; the costs of the agency in performing its functions and exercising its powers under this Act; an amount that must be paid under section 94 ; an amount to reimburse the Commonwealth for expenses incurred by the Commonwealth under the National Disability Insurance Scheme Act 2013 (Cwlth) in relation to persons suffering a serious personal injury in relation to which this Act applies. The agency must, in managing the fund, consider the financial sustainability of the fund and seek actuarial advice as appropriate. (sec.93-ssec.1) There is to be a fund called the national injury insurance scheme fund, Queensland. (sec.93-ssec.2) The fund consists of— the amounts received by the agency by way of the levy; and the amounts received or recovered by the agency in connection with the scheme; and income derived from the investment of the fund; and an amount transferred to the fund under section 95 ; and an amount paid to the agency under section 96 (2) . (sec.93-ssec.3) The following amounts are to be paid from the fund— the costs of administering the scheme, including payments made under chapter 2 , part 4 ; the costs of managing the fund; the costs of the agency in performing its functions and exercising its powers under this Act; an amount that must be paid under section 94 ; an amount to reimburse the Commonwealth for expenses incurred by the Commonwealth under the National Disability Insurance Scheme Act 2013 (Cwlth) in relation to persons suffering a serious personal injury in relation to which this Act applies. (sec.93-ssec.4) The agency must, in managing the fund, consider the financial sustainability of the fund and seek actuarial advice as appropriate.

• (a) the amounts received by the agency by way of the levy; and
• (b) the amounts received or recovered by the agency in connection with the scheme; and
• (c) income derived from the investment of the fund; and
• (d) an amount transferred to the fund under section 95 ; and
• (e) an amount paid to the agency under section 96 (2) .
• (a) the costs of administering the scheme, including payments made under chapter 2 , part 4 ;
• (b) the costs of managing the fund;
• (c) the costs of the agency in performing its functions and exercising its powers under this Act;