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WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 105O
Consequences of member becoming non-scheme member
105O Consequences of member becoming non-scheme member
(1) At the end of 12 months after the exit date, the self-insurer must pay
WorkCover an amount for the non-scheme member’s total liability.
(2) For
subsection (1) , WorkCover is liable for compensation and damages for the
non-scheme member’s total liability for all injuries sustained by a worker
employed by the non-scheme member that arise from an event happening or ending
during the period the non-scheme member was a member of the self-insurer but
before the exit date.
(3) The total liability must be— (a) calculated in
the way prescribed under a regulation by an actuary approved by the Regulator;
and
(b) paid within the time allowed under a regulation.
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