162Nominal Insurer's Fund

162 Nominal Insurer's Fund (1) The Minister shall establish a fund to be known as the Nominal Insurer's Fund. (2) The Fund shall be administered by the Nominal Insurer. (3) The Fund shall consist of: (a) the balance of the former Fund;

Return to Work Act 1986 134 (b) contributions paid under this Division by approved insurers, self-insurers and employers; (c) moneys recovered by or on behalf of the Nominal Insurer in the performance of its functions and the exercise of its powers; (d) the interest from time to time accruing from the investment of moneys standing to its credit; (e) all moneys paid into it in accordance with section 177; and (f) such other moneys as are lawfully paid into it. (4) The Nominal Insurer may borrow money, from sources and on terms and conditions approved by the Minister, to be paid into the Nominal Insurer's Fund.