210Apportioning cost of administering workers

210 Apportioning cost of administering workers compensation and safety legislation (1) The Minister may apportion liability for the cost of administering the workers compensation and safety legislation for a financial year among the entities that are licensed insurers or licensed self-insurers during the year. (2) To apportion liability for a financial year, the Minister must— (a) determine the overall cost of administering the workers compensation and safety legislation for the year, based on either— (i) the actual cost of administering the legislation; or (ii) an estimate of the cost of administering the legislation; and (b) as far as practicable, determine an amount of the cost of administering the workers compensation and safety legislation that is attributable, or estimated to be attributable, to each licensed insurer and licensed self-insurer for the year. (3) If the Minister apportions liability based on an estimate of costs for a financial year (an estimate year), the Minister must ensure each licensed insurer and licensed self-insurer’s apportioned liability for a later financial year is adjusted to take into account— (a) the actual overall cost of administering the workers compensation and safety legislation for the estimate year; and (b) the actual cost of administering the workers compensation and safety legislation that is attributable, or estimated to be attributable, to the licensed insurer and licensed self-insurer for the estimate year. (4) The Minister may apportion liability in relation to an estimate year, and give notice under section 210A for the year, before any actual cost of administering the workers compensation and safety legislation for the year has been incurred. (5) If an amount apportioned to a licensed insurer or licensed self-insurer is not paid within the time stated for payment in a notice under section 210A, the amount is a debt owing to the Territory by the licensed insurer or licensed self-insurer. (6) An amount received because of an apportionment under this section must be paid into a directorate banking account maintained by the director-general in accordance with the Financial Management Act 1996, section 34 (2). (7) For this section, the cost of administering the workers compensation and safety legislation includes a cost incurred by the Magistrates Court in relation to the workers compensation and safety legislation.