Workers’ Compensation and Rehabilitation Regulation 2025
sec.57Payment of amount
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sec.57 Payment of amount
The former self-insurer must pay to WorkCover the amount of the former self-insurer’s liability under sections 68C and 87 (1) of the Act (the final amount )— agreed to by WorkCover and the former self-insurer; or if there is no agreement—decided by the arbiter under section 102 (2) (b) (ii) . However, the final amount paid by the former self-insurer must be adjusted by the former self-insurer’s appointed actuary to take into account— the amount of compensation and damages, if any, paid by the former self-insurer during the final period; and claims for compensation and damages, if any, lodged against the former self-insurer during the final period. In this section— final period , in relation to a former self-insurer, means the period that— starts on the assessment day; and ends on the cancellation day. (sec.57-ssec.1) The former self-insurer must pay to WorkCover the amount of the former self-insurer’s liability under sections 68C and 87 (1) of the Act (the final amount )— agreed to by WorkCover and the former self-insurer; or if there is no agreement—decided by the arbiter under section 102 (2) (b) (ii) . (sec.57-ssec.2) However, the final amount paid by the former self-insurer must be adjusted by the former self-insurer’s appointed actuary to take into account— the amount of compensation and damages, if any, paid by the former self-insurer during the final period; and claims for compensation and damages, if any, lodged against the former self-insurer during the final period. (sec.57-ssec.3) In this section— final period , in relation to a former self-insurer, means the period that— starts on the assessment day; and ends on the cancellation day.
- (a) agreed to by WorkCover and the former self-insurer; or
- (b) if there is no agreement—decided by the arbiter under section 102 (2) (b) (ii) .
- (a) the amount of compensation and damages, if any, paid by the former self-insurer during the final period; and
- (b) claims for compensation and damages, if any, lodged against the former self-insurer during the final period.
- (a) starts on the assessment day; and
- (b) ends on the cancellation day.