Australian Capital Territory Numbered Acts

WORKERS COMPENSATION (DEFAULT INSURANCE FUND) AMENDMENT ACT 2009 (NO 2) (NO. 38 OF 2009) - SECT 12

insert

    (9)     In this section:

"gross written premiums", in relation to an approved insurer, means the total amount of premiums, less GST, for all insurance policies written by the insurer for a policy period.

"notional gross written premium", in relation to a self-insurer, means the total amount of premium that would have been payable, less GST, if the self-insurer had obtained a compulsory insurance policy for a policy period.

"policy period" means the period beginning on 1 July in a year and ending on 30 June in the following year.