South Australian Numbered Acts

WORKERS REHABILITATION AND COMPENSATION (SCHEME REVIEW) AMENDMENT ACT 2008 (NO 17 OF 2008) - SECT 22

22—Amendment of section 42—Redemption of liabilities

        (1)         Section 42(1)(c)—delete paragraph (c)

        (2)         Section 42(2)—after paragraph (d) insert:

and

            (e)         1 (or more) of the following requirements are satisfied in the case of a proposed redemption under subsection (1)(a):

                  (i)         the rate of weekly payments to be redeemed does not exceed $30 (indexed);

                  (ii)         the worker has attained the age of 55 years and the Corporation has determined that the worker has no current work capacity;

                  (iii)         the Tribunal (constituted of a presidential member) has determined, on the basis of a joint application made to the Tribunal by the worker and the Corporation in contemplation of an agreement being entered into under this section, that the continuation of weekly payments is contrary to the best interests of the worker from a psychological and social perspective.