Interim payment of SIA
11.2.13 Interim payment of SIA
1. This section applies if, under section 25 of the SRC Act, both these conditions are met.
a. An interim payment of SRC compensation is made to the member in respect of the injury.
b. The amount has been assessed on an interim determination that the degree of permanent impairment of the member is not less than 80%.
2. An interim payment of SIA is payable to the member.
3. The interim payment amount is this amount.
A - B
where:
A is the total of the maximum amount of permanent impairment compensation payable under the SRC Act, plus $68,063.38.
B is the maximum total amount of SRC Act compensation payable (or that would be payable but for a request under section 43 of the SRC Act or an election under section 45 of that Act) to the member in respect of the injury.
4. When, under section 24 of the SRC Act, the degree of permanent impairment of the member as a result of the injury is finally determined, there is payable to the member an amount of SIA equal to the difference (if any) between the basic amount and the interim payment amount.
The dollar amounts in this section are indexed.
Division 4: Avoidance of double benefits
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