56Employers excluded from grouping provisions

56 Employers excluded from grouping provisions

56 Employers excluded from grouping provisions

(1) For the purposes of section 175D(2)(c)(ii) of the 1987 Act, the amount of $750,000 is prescribed in relation to a policy of insurance issued at or after 4 pm on 30 June 2014.

(2) The following employers are excluded from the operation of Division 2A (Grouping of employers for insurance purposes) of Part 7 of the 1987 Act—

(a) an employer who is insured with a specialised insurer,

(b) an employer who is insured where the policy of insurance relates only to private household domestic workers.