s 19
In forceIndexation of defined benefits and quality of life damages
Chapter 1Preliminary
Part 1.2Important concepts
Division 1.2.3Indexation concepts
19 Indexation of defined benefits and quality of life damages
(1)
The MAI commission must, on or before each indexation day for an amount that is AWE indexed, declare—
(a)
the AWE indexation factor for the amount; and
(b)
the amount as indexed; and
(c)
that the amount as indexed applies on the indexation day for the amount.
(2)
A declaration under subsection (1) is a notifiable instrument.
(3)
In this section:
AWE indexation factor, for an amount, means the factor worked out for the amount in the way prescribed by regulation.
indexation day—see section 18 (1) (b).
Division 1.2.4 Duties in relation to motor accidents
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.