Victorian Current Acts

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ACCIDENT COMPENSATION ACT 1985 - SECT 130

Certain funds to be administered by trustee company[27]

S. 130(1) amended by Nos 83/1987
s. 72(1)(a), 67/1992
s. 45(a), 50/1994
s. 63(1)(b), 15/1998
s. 4(1)(a)(b).

    (1)     The following payments of compensation shall be paid to a trustee company determined by the Court or the Authority (as the case requires) to be administered by the trustee company in accordance with this Act—

S. 130(1)(a) amended by Nos 83/1987
s. 72(1)(b), 50/1993
s. 110(1)(f).

        (a)     any payment under section 92, 98 or 98A to a person under the age of 18 years;

S. 130(1)(b) amended by No. 67/1992
s. 45(b).

        (b)     unless the County Court otherwise determines, any payment under section 92 to a person of or over the age of 18 years; and

S. 130(1)(c) amended by No. 67/1992
s. 45(b).

        (c)     any other payment of compensation under this Act where on an application to the County Court the County Court considers it would be in the best interests of the worker.

S. 130(1A) inserted by No. 15/1998
s. 4(2).

    (1A)     If the Court or Authority determines under subsection (1) that State Trustees (within the meaning of the State Trustees (State Owned Company) Act 1994 ) administer payments of compensation, State Trustees must accept a transfer of the amount of compensation to be administered and the acceptance of that amount is a sufficient discharge to the person transferring that amount.

S. 130(2) amended by Nos 83/1987
s. 72(1)(c), 67/1992
s. 45(b).

    (2)     The County Court in making a determination on an application under subsection (1)(c) may impose any conditions, restrictions or limitations it considers appropriate on the duration and termination of the administration.



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