Insurance Premiums Order 2013-2014 Amendment Order 2013 (NSW)

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New South Wales

Insurance Premiums Order 2013–2014

Amendment Order 2013

under the

Workers Compensation Act 1987

Her Excellency the Governor, with the advice of the Executive Council, and on the recommendation of the WorkCover Authority, has made the following Order.

ANDREW CONSTANCE, M.P., Minister for Finance and Services

Explanatory note
The object of this Order is to amend the Insurance Premiums Order 2013–2014 to provide that it is not to apply to workers compensation insurance policies that are to be or have been issued or renewed so as to take effect at or after 4 pm on 31 December 2013.
The name of that Order is, consequentially, to be changed to the Insurance Premiums Order
(July–December) 2013.
A new Order, the Insurance Premiums Order (January–June) 2014, is to apply to workers compensation
insurance policies that are to be or have been issued or renewed so as to take effect at or after 4 pm on 31
December 2013 and before 4 pm on 30 June 2014.
This Order also makes consequential amendments to the Insurance Premiums Order (Retro-Paid Loss
Premium Method) 2013–2014.
This Order is made under section 168, 168A and 172A of the Workers Compensation Act 1987.
Insurance Premiums Order 2013–2014 Amendment Order 2013

under the

Workers Compensation Act 1987

1      Name of Order

This Order is the Insurance Premiums Order 2013–2014 Amendment Order 2013.

2      Commencement

This Order commences at 4 pm on 31 December 2013 and must be published in the
Gazette.

Schedule 1 Amendment of Insurance Premiums Order
2013–2014

[1]      Clause 1

Omit the clause. Insert instead:

1      Name of Order

This Order is the Insurance Premiums Order (July–December) 2013.

[2]      Schedule 2 Application

Omit clause 1. Insert instead:

1      Policies to which Order applies

(1)

This Order applies to and in respect of policies of insurance that are to be or have been issued or renewed so as to take effect at or after 4 pm on 30 June 2013 and before 4 pm on 31 December 2013.

(2)

If, before 4 pm on 31 December 2013, an insurance premiums order has not been made in respect of policies of insurance taking effect at or after that time, this Order applies to and in respect of those policies pending the making of such an order.

Schedule 2 Amendment of Insurance Premiums Order
(Retro-Paid Loss Premium Method) 2013–2014

[1]      The whole Order (other than clause 3 (2))

Omit “General Order” wherever occurring. Insert instead “relevant General Order”.

[2]      Clause 3 Interpretation

Omit the definition of General Order from clause 3 (2). Insert instead:

relevant General Order means:

(a)

in relation to a retro-paid loss premium policy that is to be or has been issued or renewed so as to take effect at or after 4 pm on 30 June 2013 and before 4 pm on 31 December 2013—the Insurance Premiums Order (July–December) 2013, and

(b)

in relation to a retro-paid loss premium policy that is to be or has been issued or renewed so as to take effect at or after 4 pm on 31 December 2013 and before 4 pm on 30 June 2014—the Insurance Premiums Order (January–June) 2014.

BY AUTHORITY

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