Workers Compensation Act 1987 Regulations relating to premiums payable by employers (1991-271) [GG No 95 of 21.6.1991] (NSW)

1991—No. 271

WORKERS COMPENSATION ACT 1987—REGULATION

(Relating to premiums payable by employers)

NEW SOUTH WALES

[Published in Gazette No, 95 of 21 June 1991]

HIS Excellency the Governor, with the advice of the Executive Council,

and in pursuance of the Workers Compensation Act 1987, has been

pleased to make the Regulation set forth hereunder.

TIM MOORE

Minister for Industrial Relations,

Minister for Further Education,

Training and Employment.

Commencement

1. This Regulation commences on 30 June 1991.

Amendments

2. The Workers Compensation (Insurance Premiums) Regulation 1987

is amended:

(a) by inserting after clause 11 the following clause:

Employers who were previously self-insurers

11A. (1) If an employer:

(a)	makes an application to an insurer for the issue or renewal of a policy; and
(b)	was a self-insurer during any part of the last 2 injury years occurring before the proposed period of insurance,

the cost of claims in relation to the period as a self-insurer is to be calculated (subject to my relevant determination of the Authority) as if the employer had been insured under a policy in respect of that period.

1991—No. 271

(2) The provisions of this Part relating to insurers apply (subject to such modifications and exceptions as the Authority may determine) to such an employer in respect of the period as a self-insurer.

(b) by omitting from clause 13 (3) (b) the word “submissions” and by inserting instead the word “representations”.

EXPLANATORY NOTE

The objects of this Regulation are:

(a)	to make special provision to deal with the premium payable by an employer for a workers compensation insurance policy in the case where the employer was previously a self-insurer (the special provision is required for the purposes of calculating claims experience during the 2 years preceding the commencement of the policy of insurance); and
(b)	to replace the word “submissions” in clause 13 with the word