7Variation of weekly payments

7 Variation of weekly payments

7 Variation of weekly payments

For the purposes of section 82A(4) of the 1987 Act, the number specified in the Table to this clause in respect of a review date is declared to be the number that equates to the factor for the purposes of the variation of a weekly payment required for that review date.

Table

| Column 1 | Column 2 | | Review date | Number equating to factor | | 1 April 2019 | 1.0105 | | 1 October 2019 | 1.0061 | | 1 April 2020 | 1.0104 | | 1 October 2020 | 0.9795 | | 1 April 2021 | 1.0288 | | 1 October 2021 | 1.0119 | | 1 April 2022 | 1.0184 | | 1 October 2022 | 1.0337 |

Note 1—

The number equating to the factor has been rounded to 4 decimal places.

Note 2—

See clause 4 of the Workers Compensation (Indexation of Amounts) Order 2013 for notification under section 82A(4) of the 1987 Act in respect of review dates occurring from 1 April 2013 to 1 October 2018.

Note 3—

The number that equates to the factor in respect of 1 October 2020 is 0.9795. Applying this number to vary the amount of a weekly payment to a worker, in accordance with section 82A of the Workers Compensation Act 1987, has the effect of reducing the amount. Accordingly, under section 82C(a) of the Act, the variation is deemed not to have taken effect and the amount varied by applying the number specified in respect of 1 April 2020 continues to apply. Section 82C(b) provides for the variation of the amount in respect of the next or a subsequent financial year.

cl 7: Am 2019 (456), Sch 1 [4]; 2020 (92), Sch 1[4]; 2020 (579), Sch 1[4] [5]; 2021 (128), Sch 1[4]; 2021 (570), Sch 1[4]; 2022 (102), Sch 1[4]; 2022 (566), Sch 1[4].