Queensland Consolidated Acts

MOTOR ACCIDENT INSURANCE ACT 1994 - SECT 14A

14A Fixing levies and administration fee

(1) Each of the following are to be fixed by regulation for each financial year—

(a) the statutory insurance scheme levy;

(b) the hospital and emergency services levy;

(c) the Nominal Defendant levy;

(d) the administration fee.

(2) A regulation fixing levies and the administration fee for a particular financial year must be made at least 3 months before the beginning of the financial year.

(3) However—

(a) if a regulation fixing the levies and administration fee for a particular financial year is not made at least 3 months before the beginning of the relevant financial year—

(i) the regulation commences 3 months after it is notified or on a later date specified in the regulation; and

(ii) the levies and administration fee last fixed continue until the regulation commences; and

(b) if the commission recommends a special increase in the Nominal Defendant levy, a regulation giving effect to the recommendation may be made at any time and comes into force on the date the regulation is notified or a later date specified in the regulation.