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StatuteInjury Prevention, Rehabilitation, and Compensation Act 2001

Section 225 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Levies for persons who purchase weekly compensation

Text of the provision Official document

225 Levies for persons who purchase weekly compensation (1) Levies collected under section 223(2) are to be used to fund the Earners' Account. (2) The levy payable may be prescribed in regulations made under this Act and must be assessed by the Corporation in any case where no levy is so prescribed. (3) Levies are to be prescribed or assessed with the aim of their being sufficient to fully fund the costs arising from the rights purchased under section 223 in that year. Compare: 1998 No 114 s 288

Official source: legislation.govt.nz

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