Compensation for cost of financial advice and legal advice
81 Compensation for cost of financial advice and legal advice
Financial advice
The Commonwealth is liable to pay compensation for the cost of financial advice obtained by a person if:
the Commonwealth is liable to pay compensation to the person under section 68, 71 or 75; and
the Commission determines that the impairment suffered by the person as a result of one or more service injuries or diseases constitutes at least 50 impairment points; and
the financial advice was obtained from a suitably qualified financial adviser after the Commission had made the determination; and
the financial advice was obtained in respect of the choice the person may make under subsection 78(1); and
a claim for compensation in respect of the person has been made under section 319.
Legal advice
The Commonwealth is liable to pay compensation for the cost of legal advice obtained by a person if:
the Commonwealth is liable to pay compensation to the person under section 68, 71 or 75; and
the Commission determines that the impairment suffered by the person as a result of one or more service injuries or diseases constitutes at least 50 impairment points; and
the legal advice was obtained from a practising lawyer after the Commission had made the determination; and
the legal advice was obtained in respect of the choice the person may make under subsection 78(1); and
a claim for compensation in respect of the person has been made under section 319.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.