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reg 7

Indexation day—Act, s 18, def AWE indexed, par (b)

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7 Indexation day—Act, s 18, def AWE indexed, par (b)

(1)

The indexation days for each amount mentioned in the following sections of the Act that is to be AWE indexed are 1 April and 1 October:

(a)

section 96 (Amount of income replacement benefits—first payment period);

(b)

section 97 (Amount of income replacement benefits—second payment period);

(c)

section 103 (Income replacement benefits—interim weekly payments).

(2)

The indexation day for each amount mentioned in the following sections of the Act that is to be AWE indexed is 1 October:

(a)

section 139 (5) (a) (Insurer believes injuries stable but no permanent impairment);

(b)

section 167 (1) (Amount of quality of life benefits payable);

(c)

section 174 (Amount of death benefits payable);

(d)

section 181 (Funeral benefits—maximum amount payable);

(e)

section 243 (Quality of life damages—amount that may be awarded);

(f)

section 244 (2) (Quality of life damages—amount that may be awarded for children);

(g)

section 276 (1) (Costs—awards of damages over $50 000).

Note Also, the indexation day for an amount that is to be AWE indexed mentioned in the Motor Accident Injuries (ACAT Costs Orders) Regulation 2020, s 6 (3) is 1 October (see that regulation, s 5).

(3)

The indexation day for the amount mentioned in section 13C (c) that is to be AWE indexed is 1 October.

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