Lifetime Care and Support (Catastrophic Injuries) Act 2014

The LTCS commissioner may determine a LTCS levy relating to work injuries for a contribution period payable by a workers compensation insurer or licensed self-insurer as any of the following:

a fixed amount;

a percentage of—

for a workers compensation insurer—the gross written premiums for the insurer; and

for a licensed self-insurer—the notional gross written premium for the licensed self-insurer;

a combination of a fixed amount and percentage of the gross or notional gross written premiums.

The LTCS guidelines may make provision in relation to the methodology for apportionment to be used for determining a LTCS levy relating to work injuries for a contribution period.

Note The LTCS guidelines are made under s 93.

A LTCS levy relating to work injuries determined for a contribution period may differ according to any classification or other criteria for the determination of premiums for workers compensation policies as provided for by the Workers Compensation Act 1951.

Note 1 A reference to an Act includes a reference to the statutory instruments made or in force under the Act, including any regulation (see Legislation Act, s 104).

Note 2 Power to make a statutory instrument in relation to a matter includes power to make provision in relation to a class of matter (see Legislation Act, s 48 (2)).

Note 3 Gross written premiums, notional gross written premium and licensed self‑insurer—see the Workers Compensation Act 1951, dictionary.

Note 4 Workers compensation insurer—see the dictionary.