Australian Capital Territory Current Acts

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WORKERS COMPENSATION ACT 1951 - SECT 166

Establishment of DI fund

    (1)     The Default Insurance Fund (the DI fund ) is established.

    (2)     The DI fund consists of—

        (a)     amounts received or recovered by or on behalf of the DI fund manager under this Act; and

        (b)     income from the investment of amounts of the fund; and

        (c)     amounts borrowed by the Territory for the fund; and

        (d)     other amounts lawfully paid into the fund.

    (3)     The DI fund is to be managed by the DI fund manager and money paid into it is taken to be trust money under the Financial Management Act 1996

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