Victorian Current Acts

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WORKERS COMPENSATION ACT 1958 - SECT 96

Obligations under this Part

S. 96(1) amended by No. 50/1994 s. 121.

    (1)     The Authority shall set aside in the Fund sufficient moneys to meet its obligations under this Part and sections 2B and 2C.

S. 96(2) amended by No. 50/1994 ss 121, 123.

    (2)     For the purpose of meeting its obligations under this Part and sections 2B and 2C, the Authority may use moneys in the Fund received as levies under the Accident Compensation Act 1985 or as consideration for re-insurance under the Accident Compensation (WorkCover Insurance) Act 1993 .

    (3)     In the accounts and records of the Fund transactions pursuant to this Part and sections 2B and 2C shall be shown separately from other transactions.

S. 97 inserted by No. 8733 s. 24(1), amended by No. 10089 s. 4(1), repealed by No. 10191 s. 268(2).

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S. 98 inserted by No. 8733 s. 24(1).



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