Section 211 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Levies for self-employed persons who purchase weekly compensation
Text of the provision Official document
211 Levies for self-employed persons who purchase weekly compensation (1) A self-employed person who purchases weekly compensation under section 209 must pay a levy determined by the Corporation in accordance with regulations made under this Act. (2) The aim of levies payable by persons who purchase weekly compensation under section 209 is that they are sufficient to fully fund the costs arising from the purchase of compensation in the relevant period and, in calculating those costs, regard may be had to the variables of risk and level of compensation purchased. (3) In reporting under section 278 , the Corporation must separately account for and report on— (a) how many persons purchase weekly compensation under section 209 ; and (b) the costs incurred in respect of the provision of weekly compensation under section 210 ; and (c) the extent to which payments of weekly compensation relate to work-related injuries or non-work injuries. Compare: 1998 No 114 s 302D
Official source: legislation.govt.nz
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