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StatuteInjury Prevention, Rehabilitation, and Compensation Act 2001

Section 224 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Compensation for persons who purchase weekly compensation

Text of the provision Official document

224 Compensation for persons who purchase weekly compensation (1) A person who has purchased the right to receive weekly compensation under section 223 is entitled to weekly compensation for loss of potential earning capacity as if that person had earnings at the rate specified in the relevant agreement between the person and the Corporation, and Part 4 and Parts 2 and 4 of Schedule 1 apply accordingly, if the person— (a) suffers incapacity resulting from personal injury during the period for which the right to receive weekly compensation is applicable; and (b) has cover in relation to the personal injury under Part 2 . (2) Weekly compensation for loss of potential earning capacity under this section is payable for not more than 5 years after the date on which incapacity first commenced. (3) Subsection (1) is subject to section 226 (resumption of employment). Compare: 1998 No 114 s 287

Official source: legislation.govt.nz

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.