Workers Compensation Act 1987

In this clause, the amending Act means the Workers Compensation Legislation (Amendment) Act 1994.

Any contribution payable by an insurer (other than a specialised insurer) under this Act, as in force immediately before the commencement of Schedule 2 to the amending Act, in relation to premium income for a financial year before that commencement is not so payable if it is received by the insurer after that commencement.

However, this clause does not affect any contribution payable by the insurer under this Act (as amended by that Schedule) in relation to any such premium income.

If Schedule 2 to the amending Act commences during a financial year, the regulations may modify the application of this clause in respect of that financial year.