Safety, Rehabilitation and Compensation Act 1988 - Notice Specifying a Number for Redemption of Compensation (Notice No. R1 of 1994)

Administered by Department of Employment, Skills, Small and Family Business

Legislation au F2009B00113 Not in force Legislative Instrument

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COMMONWEALTH OF AUSTRALIA

 

 

Safety, Rehabilitation and Compensation Act 1988

 

NOTICE SPECIFYING A NUMBER FOR

REDEMPTION OF COMPENSATION, No RI of 1994

 

 

I, GARY JOHNS, Assistant Minister for Industrial Relations, under subsection 30(3) of the Safety, Rehabilitation and Compensation Act 1988, for the purposes of subsection 30(2) of the Act on and after the date of publication of this Notice in the Gazette, specify the number 0.03.

 

 

 

(signed)

GARY JOHNS

Assistant Minister for Industrial Relations

 

 

23 February 1994

 

 

Overview

The Safety, Rehabilitation and Compensation Act 1988 was enacted by the Commonwealth Parliament to address the need for a comprehensive legislative framework governing workers' compensation, rehabilitation, and safety in the workplace across Australia. This legislation aims to ensure that workers who are injured or become ill due to their employment receive appropriate compensation and support for rehabilitation, while also promoting workplace safety and injury prevention. The Act provides a structured system for the assessment and payment of compensation, as well as the facilitation of rehabilitation services. By specifying a number for the redemption of compensation through legislative instruments such as the Notice Specifying a Number for Redemption of Compensation, No RI of 1994, the Act ensures that the compensation rates are periodically adjusted to reflect changes in the cost of living and economic conditions, thereby maintaining the adequacy of compensation for injured workers.

Scope and Application

The Safety, Rehabilitation and Compensation Act 1988 applies to workers who suffer injury or disease as a result of their employment in Australia. The Act provides for compensation and rehabilitation for these workers, and governs the process by which compensation is calculated and paid. The Act applies to all workers in Australia, regardless of their employment status, and covers a wide range of industries and occupations. The Act also applies to employers who are liable for compensation under the Act, as well as to third parties who may be involved in a worker's injury or disease. The Act has a national reach, applying across all states and territories of Australia. There are some exclusions and exemptions from the Act, such as for certain categories of workers and for certain types of injuries or diseases. The Act also provides for the creation of subordinate instruments, such as regulations and guidelines, to further clarify and extend the application of the Act. The Notice Specifying a Number for Redemption of Compensation, issued under the Act in 1994, is an example of such a subordinate instrument, which specifies a particular number for the purposes of calculating compensation.

Key Provisions

The Safety, Rehabilitation and Compensation Act 1988 (SRC Act) is a pivotal piece of legislation in Australia that governs the provision of safety, rehabilitation, and compensation for workers injured in the course of their employment. One key provision of this Act is found in section 30, which allows the Assistant Minister for Industrial Relations to specify a particular number for the redemption of compensation. This notice, as seen in the legislative instrument F2009B00113, specifies the number 0.03 for the purposes of subsection 30(2) of the Act. This figure is critical as it affects the calculation of compensation payable to workers who have suffered injury or disease as a result of their employment. Under the SRC Act, various obligations and requirements are imposed on the parties involved. Employers must ensure that they comply with all safety regulations and standards to protect their employees from workplace hazards. Additionally, workers who suffer from work-related injuries or illnesses must report these incidents to their employers as soon as practicable. The Act also mandates that employers must provide adequate rehabilitation services to injured workers to facilitate their return to work or to alternative employment if necessary. The legislative instrument F2009B00113 further clarifies the redemption of compensation, ensuring that the specified number is used accurately in calculations to determine the financial entitlements of injured workers. Failure to comply with the requirements and provisions of the SRC Act can result in serious consequences. Breaches of the Act may be subject to civil or criminal penalties, depending on the nature and severity of the offence. The Act allows for fines and other sanctions that can be imposed by the courts. For instance, if an employer fails to report a workplace injury or does not provide adequate rehabilitation services, they may face significant fines. The maximum penalties can vary, but they are designed to ensure that the Act's provisions are strictly adhered to, thereby protecting the rights of injured workers and promoting workplace safety. It is essential for all parties governed by the Act to be fully aware of their obligations to avoid these potential penalties.

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Workers' Compensation Law
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Legislative Instrument
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Definitions & Interpretation
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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.