Queensland Consolidated Regulations
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WORKERS' COMPENSATION AND REHABILITATION REGULATION 2014 - REG 53
Payment of amount
53 Payment of amount
(1) The former self-insurer’s liability amount the former self-insurer must
pay WorkCover is— (a) the amount (the
"agreed amount" ) agreed to by WorkCover and the former self-insurer; or
(b)
if there is no agreement, the amount (the
"decided amount" ) decided by the arbiter.
(2) The former self-insurer’s
actuary must adjust the amount to take into account— (a) compensation and
damages payments made between the assessment day and the cancellation day; and
(b) claims lodged against the former self-insurer between the assessment day
and the cancellation day.
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