(1) The Minister may
give directions in writing as to the effect that the matter described in
subsection (2) is to have, while the directions remain in effect, on the
fixing under section 151 of recommended premium rates.
(2) That matter is the
extent to which the cost of paying compensation under this Act as amended by
the Workers’ Compensation Reform Act 2004 in respect of claims made
before section 141 of the Workers’ Compensation Reform Act 2004
commenced would differ from what it would have cost to pay compensation
arising out of those claims if section 141 of the Workers’ Compensation
Reform Act 2004 had not commenced.
(3) Effect is to be
given to directions under this section.
[Section 154AB inserted: No. 42 of 2004 s. 117.]