38
CurrentWaiver—small amounts of compensation
Part 3Payments to the Commonwealth in respect of compensation payments
Division 3Waiver of the requirements of this Part
38 Waiver—small amounts of compensation
(1)
Despite Divisions 1 and 2, those Divisions do not apply in relation to a claim for compensation in respect of an injury if:
(a)
a judgment or settlement has been made in respect of the claim; and
(b)
the amount of compensation fixed by the judgment or settlement is a small amount; and
(c)
the amount of compensation so fixed is the entire amount of compensation in respect of the injury.
(2)
An amount of compensation is a small amount if it is equal to or less than:
(a)
$5,000; or
(b)
if a higher amount is prescribed for the purposes of this subsection by the regulations—that amount.
This Act’s bill:Second reading speech
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