513WorkCover Authority Fund

513 WorkCover Authority Fund

S. 513(1) amended by No. 44/2014 s. 24(23).

(1) The WorkCover Authority Fund established under section 32 of the Accident Compensation Act 1985 as in force immediately before 1 July 2014 continues in existence.

(2) The Authority must maintain the WorkCover Authority Fund.

(3) There must be paid into the Fund—

(a) any amount received or recovered by or on behalf of the Authority as a fee or as a penalty for an offence under this Act, the Accident Compensation Act 1985, the Workers Compensation Act 1958, the Occupational Health and Safety Act 2004, the Equipment (Public Safety) Act 1994 or the Dangerous Goods Act 1985 or any regulations under any of those Acts, unless the regulations expressly provide otherwise; and

(b) any amount certified by the Treasurer, after consultation with the Minister, as a contribution to the costs and expenses of or incidental to the administration by the Authority of the Occupational Health and Safety Act 2004, the Equipment (Public Safety) Act 1994 and the Dangerous Goods Act 1985; and

(c) any income from the investment of any money credited to the Fund and the proceeds of the sale of any investment; and

(d) any money that the Authority borrows; and

(e) any money required or permitted to be paid into the Fund under this Act or any other Act; and

(f) all other money that the Authority receives under or for the purposes of occupational health and safety, accident compensation or occupational rehabilitation; and

(g) premiums and any other amount or penalty paid in accordance with Part 10; and

(h) all other money that the Authority receives under or for the purposes of this Act or any other Act.

(4) The Consolidated Fund is appropriated to the necessary extent for the purposes of subsection (3)(b).

(5) There may be paid out of the Fund—

(a) payments of compensation or any other payments required under this Act or any other Act or under any regulation made under this or any other Act to be paid out of the Fund; and

(b) payments to the Consolidated Fund of amounts certified by the Treasurer, after consultation with the Minister, representing the costs incurred, or to be incurred, annually by the Ombudsman in enquiring into or investigating administrative actions in accordance with the Ombudsman Act 1973 of the Authority, authorised agents and self‑insurers under this Act and the and of delegates in administering claims under the ; and