Section 167 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Application and source of funds

167 Application and source of funds (1) The purpose of the Work Account is to finance entitlements provided under this Act by the Corporation to employees, private domestic workers, and self-employed persons for work-related personal injuries (other than entitlements funded from the Residual Claims Account). (2) The funds for the Work Account are to be derived from— (a) levies payable, under sections 168 , 168A , 168B , and 211 , by employers, private domestic workers, and self-employed persons; and (b) payments made to the Corporation in respect of obligations taken on by the Corporation under section 7 of the Accident Insurance (Transitional Provisions) Act 2000 in relation to the accident insurance contracts of employers and private domestic workers, and for self-employed persons. (3) The funds in the Work Account must be applied to meet the costs of— (a) entitlements in respect of employees, private domestic workers, and self-employed persons for work-related personal injuries (other than entitlements funded from the Residual Claims Account); and (b) entitlements in respect of employees, private domestic workers, and self-employed persons for personal injury caused by work-related gradual process, disease, or infection if— (i) the employment task, or employment in the particular environment, giving rise to that personal injury was performed or occurred on or after 1 July 1999; and (ii) the claimant was an employee, a private domestic worker, or self-employed when performing that task or in that environment (regardless of whether the claimant was an employee, a private domestic worker, or self-employed at the date on which the personal injury is regarded as having been suffered); and (c) entitlements in respect of obligations, under accident insurance contracts of employers and private domestic workers, and for self-employed persons, taken on by the Corporation under section 7 of the Accident Insurance (Transitional Provisions) Act 2000; and (d) entitlements that are required to be provided in accordance with Part 11 in respect of persons whose entitlements would have been provided from the Self-Employed Work Account under the Accident Insurance Act 1998; and (e) entitlements, in respect of employers, private domestic workers, and self-employed persons that, immediately before 1 April 2007, would have been funded from the Self-Employed Work Account or the Employers' Account; and (f) administering the Account; and (g) audits and assessments referred to in section 175 ; and (h) any other expenditure authorised by this Act. Subsection (1) was amended, as from 11 May 2005, by section 60(6) Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45) by inserting the words “ and private domestic workers ” after the words “ to employees ” . Subsection (2)(a) was amended, as from 11 May 2005, by section 60(6) Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45) by substituting the words “ sections 168 and 168A ” for the expression “ section 168 ” . Subsection (3)(a) was amended, as from 11 May 2005, by section 60(6) Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45) by inserting the words “ and private domestic workers ” after the words “ of employees ” . Subsection (4) was inserted, as from 1 July 2005, by section 30 Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45). Section 167 was substituted, as from 1 April 2007, by section 4 Injury Prevention, Rehabilitation, and Compensation Amendment Act 2007 (2007 No 8). See sections 14 to 16 of that Act for the transitional provisions.