Accident Compensation (Self-Insurers' Contributions) Regulations 1999 (Vic)

Accident Compensation (Self-Insurers'

Contributions) Regulations 1999

S.R. No. 91/1999

TABLE OF PROVISIONS

Regulation Page

1.	Objectives	1
2.	Authorising provision	1
3.	Principal Regulations	1
4.	Amendment to formula	2
5.	Amendment to surcharge	4

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NOTES 5

i

STATUTORY RULES 1999

S.R. No. 91/1999

Accident Compensation Act 1985

Accident Compensation (Self-Insurers'

Contributions) Regulations 1999

The Governor in Council makes the following Regulations:
Dated: 13 July 1999

Responsible Minister:

ROGER M. HALLAM

Minister for Finance

STACEY ROBERTSON

Acting Clerk of the Executive Council

1. Objectives

The objectives of these Regulations are to—

(a) amend the formula used to determine the amount of contributions payable by a self- insurer to the WorkCover Authority Fund; and

(b) increase the surcharge for late contributions.

2. Authorising provision

These Regulations are made under sections 33A
and 253 of the Accident Compensation Act

1985.

3. Principal Regulations

In these Regulations, the Accident Compensation
Regulations 19901 are called the Principal
Regulations.

Accident Compensation (Self-Insurers' Contributions)
Regulations 1999

r. 4 S.R. No. 91/1999

4. Amendment to formula

For regulation 12(1) of the Principal Regulations,
substitute—

'(1) The amount of contributions payable by a

self-insurer pursuant to section 33A of the the following formulas—

(a)	for the contribution payable on 1 August 1999, the formula shall be—
     B B    B

× − × × ⋅ + × D A 0 4 A ;

 

C C C

(b)

for the contribution payable on be—

     B B    B

× − × × ⋅ + × D A 0 5 A ;

 

C C C

(c)

for any contribution payable after be—

     B B    B

× − × × ⋅ + × D A 0 6 A .

 

C C C

(1A) In sub-regulation (1)—

"A" is the sum of the costs incurred by the Authority during the preceding quarter referred to in sections 32(4)(d) and (fa) of the Act and the costs incurred by the Authority during the preceding quarter in the administration of Division 2 of

Part III of the Act;

"B" is the rateable remuneration calculated as if the self-insurer were an employer liable to pay the premium for a

Accident Compensation (Self-Insurers' Contributions)

Regulations 1999

S.R. No. 91/1999	r. 4
WorkCover insurance policy under the Accident Compensation (WorkCover Insurance) Act 1993 paid or payable
by the self-insurer during the preceding financial year;

"C" is the sum of the total rateable

remuneration paid or payable by all
employers liable to pay the premium
for a WorkCover insurance policy
under the Accident Compensation
(WorkCover Insurance) Act 1993
and the total leviable remuneration
calculated in accordance with B in
respect of all self-insurers during the

preceding financial year;

"D" is the sum of—

(a) the total of those costs incurred by the Authority in the preceding quarter referred to in—

(i) section 32(4)(d) of the Act; and

(ii)

section 32(4)(e) of the Act (A) directly related to the

administration,
operation, management
and maintenance of the
Authority's central
computer network used
by authorised agents;

and

(B) related to compliance

audits in relation to the collection and recovery of premium payable

Accident Compensation (Self-Insurers' Contributions)
Regulations 1999

r. 5 S.R. No. 91/1999

under the Accident
Compensation
(WorkCover
Insurance) Act 1993
and levy payable under

the Act; and

(C) related to actuarial

services provided to the
Authority other than
any such costs incurred
under section 151 of the
Act; and

(iii) section 32(4)(f) of the Act; and

(iv) section 32(4)(fa) of the Act; and

(v) section 32(4)(i) of the Act; and

(b) Authority in the preceding quarter

those costs incurred by the of Part III of the Act; and

(c) Authority in the preceding quarter
directly related to meeting any

those costs incurred by the under section 151 of the Act.'.

5. Amendment to surcharge

In regulation 12(4) of the Principal Regulations, for "$50" substitute "$100".

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Accident Compensation (Self-Insurers' Contributions)

Regulations 1999

S.R. No. 91/1999 Notes

NOTES

1 Reg. 3: S.R. No. 49/1990. Reprint No. 2 as at 13 July 1998. Further

amended by S.R. No. 8/1999.