56Redemption of payments if less than certain amount

56 Redemption of payments if less than certain amount S. 56(1) amended by Nos 94/2004 s. 11(5)(c)(i)(ii), 44/2014 s. 33(Sch. item 29(2)). (1) If the amount of the weekly payment in respect of loss of earning capacity under section 49, 50 or 51 to which a person is entitled is at any time less than 5 per centum of average weekly earnings of all employees for Victoria last published by the Australian Bureau of Statistics, the Commission must redeem those payments under that section and pay to the person an amount determined in accordance with the regulations. S. 56(2) amended by No. 94/2004 s. 11(5)(d). (2) A person to whom a payment is made under this section ceases to be entitled to benefits under section 49, 50 or 51. S. 56A inserted by No. 80/2010 s. 6.