Adjustment of pre-injury income
95 Adjustment of pre-injury income
The MAI commission must, on or before each adjustment day for pre‑injury income, declare—
the AWE adjustment factor for the pre-injury income; and
that the AWE adjustment factor applies on the adjustment day.
A declaration under subsection (1) is a notifiable instrument.
In this section:
adjustment day—see section 94 (1) (b).
AWE adjustment factor, for an amount, means the factor worked out for the amount in the way prescribed by regulation.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
- Motor Accident Injuries (Acat Costs Orders) Regulation 2020 · under s 492
- Motor Accident Injuries (Insurer Information Collection) Regulation 2020 · under s 492
- Motor Accident Injuries (Lawyer Information Collection) Regulation 2021 · under s 492
1 more instrument made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory statementSecond reading speech
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