10
In forceInsurers’ Contribution Fund
Schedule 6Savings, transitional and other provisions
Part 19AProvisions consequent on enactment of Workers Compensation Amendment (Insurance Reform) Act 2003
10 Insurers’ Contribution Fund
(1)
On the repeal of section 218 by Schedule 2 [66] to the amending Act, the assets and liabilities of the Insurers’ Contribution Fund become assets and liabilities of the Insurance Fund.
(2)
Any entitlement to payment from the Insurers’ Contribution Fund immediately before the repeal of section 218 becomes an entitlement to payment from the Insurance Fund.
This Act’s bill:Explanatory memorandum
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