1Short title [see Note 1]
This Act may be cited as the Seafarers Rehabilitation and Compensation Levy Act 1992.
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This Act may be cited as the Seafarers Rehabilitation and Compensation Levy Act 1992.
This Act commences on the day on which section 2 of the Seafarers Rehabilitation and Compensation Act 1992 commences.
Unless the contrary intention appears, an expression used in this Act has the same meaning as in the Seafarers Rehabilitation and Compensation Levy Collection Act 1992.
If the Minister has made a declaration under section 100 of the Seafarers Rehabilitation and Compensation Act 1992, levy is imposed on seafarer berths on prescribed ships.
The rate of levy imposed on each seafarer berth is such amount as is prescribed.
Levy on seafarer berths is payable by an employer who employs or engages seafarers on a prescribed ship.
The Governor‑General may make regulations for the purposes of section 5.
Before advising the Governor‑General about the making of a regulation under subsection (1), the Minister must consult the Authority with respect to the following matters:
the need to ensure that the Fund has adequate financial reserves for the purposes of its prudential management;
reasonable estimates of the Fund's present and future liabilities under the Seafarers Rehabilitation and Compensation Act 1992;
the cost of administering the Authority in connection with the performance or exercise of the Fund's functions, powers and obligations under that Act.
A failure to consult as required by subsection (2) does not affect the validity of a regulation made under subsection (1).