Workers Compensation Amendment (Insurance) Regulation 2006 (NSW)

2006 No 264

New South Wales

Workers Compensation Amendment

(Insurance) Regulation 2006

under the

Workers Compensation Act 1987

His Excellency the Lieutenant-Governor, with the advice of the Executive Council, has made the following Regulation under the Workers Compensation Act 1987.

JOHN DELLA BOSCA, M.L.C.,

Minister for Commerce

Explanatory note
The object of this Regulation is to amend the Workers Compensation Regulation 2003 to provide that, in relation to policies of insurance entered into so as to take effect on or after the commencement of this Regulation, in determining an individual cost of a claim or the cost of a provisional payment of compensation for the purposes of premium calculation, the amount to be deducted from that determined cost is to be determined by reference to an amount specified by the relevant insurance premiums order that applies to the policy concerned. (See clause 5 of the Insurance Premiums Order 2006–2007).

This Regulation is made under the Workers Compensation Act 1987, including sections 160 and 280 (the general regulation-making power).

Published in Gazette No 70 of 26 May 2006, page 3696	Page 1
2006 No 264
Clause 1	Workers Compensation Amendment (Insurance) Regulation 2006

Workers Compensation Amendment (Insurance)

Regulation 2006

under the

Workers Compensation Act 1987

1      Name of Regulation

This Regulation is the Workers Compensation Amendment (Insurance)
Regulation 2006.

2      Commencement

This Regulation commences at 4pm on 30 June 2006.

3 Amendment of Workers Compensation Regulation 2003

The Workers Compensation Regulation 2003 is amended as set out in
Schedule 1.

2006 No 264

Workers Compensation Amendment (Insurance) Regulation 2006

Amendments	Schedule 1
Schedule 1	Amendments

(Clause 3)

[1]      Clause 137 Cost of an individual claim

Omit clause 137 (2) (c) (ii) (A). Insert instead:

(A) the amount that the injured worker is entitled to receive as
one week’s weekly payment of compensation,

[2]      Clause 137 (2) (c) (ii) (B)

Omit “and” where lastly occurring.

[3]      Clause 137 (2) (c) (ii) (C)

Insert after clause 137 (2) (c) (ii) (B):

(C) if the claim is covered by a policy of insurance that was issued or renewed so as to take effect on or after 4pm on 30 June 2006, the amount specified by the relevant insurance premiums order that applies to that policy, and

[4]      Clause 138 Cost of provisional payments of compensation

Omit clause 138 (2) (c) (ii) (A). Insert instead:

(A) the amount that the injured worker is entitled to receive as one week’s provisional weekly payment of compensation,

[5]      Clause 138 (2) (c) (ii) (B)

Omit “and” where lastly occurring.

[6]      Clause 138 (2) (c) (ii) (C)

Insert after clause 138 (2) (c) (ii) (B):

(C) if the payment is under a policy of insurance that was issued or renewed so as to take effect on or after 4pm on 30 June 2006, the amount specified by the relevant insurance premiums order that applies to that policy, and

BY AUTHORITY