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Contents (2011 - 37)
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Workers Compensation Regulation 2010
Repealed version for 30 June 2016 to 31 August 2016 (accessed 21 September 2017 at 00:40)
Part 12
Part 12 Workers Compensation Operational Fund
67   Definitions
In this Part:
basic tariff premium and dust diseases contribution have the same meanings respectively as they have in the Insurance Premiums Order 2015–2016 and the Workers Compensation Market Practice and Premiums Guidelines in force in respect of the relevant financial year.
68   Definition of “premium income” for purposes of insurers’ contributions
For the purposes of the contribution payable by an insurer under section 39 of the 1998 Act for a financial year, premium income (as defined in section 4 (1) of the 1998 Act) does not include any part of such a premium that is attributable to the application of a dust diseases contribution in the calculation of the premium.
69   Definition of “deemed premium income” for purposes of self-insurers’ contributions
(1)  For the 2016–2017 financial year, the prescribed circumstances referred to in the definition of deemed premium income in section 37 of the 1998 Act are the circumstances in which the amount payable as premiums referred to in that definition is calculated in the manner fixed by the Insurance Premiums Order 2015–2016.
(2)  The amount defined as deemed premium income in section 37 of the 1998 Act in relation to the contribution payable by a self-insurer for any period during a financial year does not include:
(a)  any amount attributable to the application of any factor other than the basic tariff premium that would have been payable as referred to in that definition in respect of that period, and
(b)  any amount attributable to any GST that would have been payable in relation to the premiums on policies of insurance that the self-insurer would otherwise have been required to obtain under the 1987 Act had the self-insurer not been a self-insurer.
(3)  Subclause (2) does not apply to any financial year to which clause 85 applies.
70   (Repealed)