135Definitions

#### 135 Definitions 135 Definitions > In this Part— > > claim means a claim made by a worker against an employer to which a policy relates. > > cost of claims means— > > > (a) in relation to the calculation of a premium for the issue or renewal of an employer’s policy (other than a retro-paid loss premium policy)— > > > > > (i) except as provided by subparagraph (ii), the cost of claims (within the meaning of Division 4) for an injury year for the employer, being that cost as at the commencement of the period of insurance to which the premium relates, or > > > > > (ii) after that period of insurance has expired, the cost of claims (within the meaning of that Division) for an injury year for the employer, being that cost as at the expiration of that period, and > > > (b) in relation to the calculation of a premium for the issue or renewal of an employer’s policy (being a retro-paid loss premium policy), the cost of claims for the employer for the period of insurance concerned. > > decreasing adjustment has the same meaning as in the [A New Tax System (Goods and Services Tax) Act 1999](http://www.legislation.gov.au/) of the Commonwealth. > > employer includes a person who proposes to become an employer. > > GST has the same meaning as in the [A New Tax System (Goods and Services Tax) Act 1999](http://www.legislation.gov.au/) of the Commonwealth. > > input tax credit entitlement, in relation to an employer, means the amount of input tax credit that may be claimed by the employer in accordance with the [A New Tax System (Goods and Services Tax) Act 1999](http://www.legislation.gov.au/) of the Commonwealth in respect of the issue or renewal of a policy of insurance expressed as a percentage of the GST payable by the employer in respect of the issue or renewal of that policy. > > insurer means a licensed insurer, or a former licensed insurer, within the meaning of the 1987 Act. > > period of insurance, in relation to a policy, means a period for which an insurer assumes risk under the policy, being a period which commences on the first day on which the policy is in force after having been issued or renewed. > > policy or policy of insurance means a policy of insurance within the meaning of the 1998 Act. > > retro-paid loss premium policy means a policy to which the optional alternative method of premium calculation (within the meaning of section 168A of the 1987 Act before the repeal of that section) applies. > > wages means wages as defined in section 174(9) of the 1987 Act.