171
CurrentRedemption—worker receiving weekly payments for at least 2 years
Chapter 3Compensation
Part 9Weekly payment of compensation
Division 7Redemption of weekly payments
171 Redemption—worker receiving weekly payments for at least 2 years
(1)
This section applies if—
(a)
a worker has been receiving weekly payments of compensation for at least 2 years; and
(b)
the insurer receives a report from a doctor that the worker’s injury is not stable and stationary for the purposes of assessing permanent impairment.
(2)
The insurer’s liability to make weekly payments of compensation may be discharged by a redemption payment to the worker in an amount agreed between the insurer and the worker.
This Act’s bill:Explanatory memorandum
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