Workers’ Compensation and Rehabilitation Act 2003

This section applies if in either the latest period of insurance for an employer’s policy or any of the 3 preceding periods of insurance—

WorkCover has made an assessment for an employer’s policy for the period of insurance; and

WorkCover considers that the assessment does not accurately reflect the employer’s liability under the Act for the period.

WorkCover may reassess the premium for the period and issue a reassessment premium notice for the period.

WorkCover must reassess the premium—

for any period starting on or after 1 July 2003—under this division; or

for any period between 1 July 1997 and 30 June 2003—under the repealed WorkCover Queensland Act 1996; or

for a period before 1 July 1997—under the repealed Workers’ Compensation Act 1990.

If, after the premium is reassessed, WorkCover is satisfied that premium for the period has been overpaid, WorkCover must refund or credit the amount of overpayment to the employer to whom the reassessment premium notice is given.

If, after the premium is reassessed, WorkCover is satisfied that premium for the period has been underpaid, the employer to whom the reassessment premium notice is given must pay the premium as reassessed.

If an employer is aggrieved by WorkCover’s decision, the employer may have the decision reviewed under chapter 13.

This section does not limit another provision of this Act that—

allows WorkCover to recover an amount, whether by way of penalty or otherwise; or

creates an offence for a contravention of this Act.