Workers Compensation (Weekly Payments Indexation) Amendment Order 2016 (NSW)
New South Wales
Workers Compensation (Weekly Payments
Indexation) Amendment Order 2016
under the
Workers Compensation Act 1987
I, the Minister for Innovation and Better Regulation, in pursuance of sections 82A and 82BA of the Workers Compensation Act 1987, make the following Order.
Dated, this 8th day of March 2016.
VICTOR DOMINELLO, MP
Minister for Innovation and Better Regulation
Explanatory note
The objects of this Order are:
B
| (a) | to notify the number that equates to the factor | ---- used in the formula for calculating the variation of C |
the weekly payment to be paid to a worker under section 82A of the Workers Compensation Act 1987. That section provides that weekly payments are to be varied on 1 April and 1 October in each year, and
| (b) | to notify the amount that is to apply as the minimum amount of weekly payments of compensation payable for workers with highest needs under section 38A of the Workers Compensation Act 1987. Section 82BA of that Act provides that the amount is to be varied on 1 April and 1 October in each year. |
This Order is made under sections 82A (4) and 82BA (3) of the Workers Compensation Act 1987.
Workers Compensation (Weekly Payments Indexation) Amendment Order 2016 [NSW]
Workers Compensation (Weekly Payments Indexation)
Amendment Order 2016
under the
Workers Compensation Act 1987
1 Name of Order
This Order is the Workers Compensation (Weekly Payments Indexation) Amendment
Order 2016.
2 Commencement
This Order commences on 1 April 2016 and is required to be published on the NSW legislation website.
3 Amendment of Workers Compensation (Weekly Payments Indexation) Order 2013
(1) Clause 4 Variation of weekly payments Insert at the end of the Table to the clause:
1 April 2016 1.0055
(2) Clause 6 Insert after clause 5: 6 Indexation—compensation amount for workers with highest needs: section 82BA
For the purposes of section 82BA (3) of the Act, the amount as varied on the review date specified in Column 1 of the Table to this clause is the amount specified in Column 2 of that Table opposite that review date.
Column 1 Column 2 Review date Amount 1 April 2016 $793
0
0
0