Section 226 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Resumption of employment by persons who purchased weekly compensation
Text of the provision Official document
226 Resumption of employment by persons who purchased weekly compensation (1) This section applies where a person who has purchased the right to receive weekly compensation under section 223 resumes employment and the right is still applicable. (2) The person may terminate the right to receive weekly compensation early, on application to the Corporation, in which case the person is entitled to receive a refund of the levy paid in respect of the period between the date of the application and the date on which the right would otherwise terminate (so long as that period is greater than 3 months). (3) If no application to terminate the right to receive weekly compensation is made, the right is converted into a right to receive a top-up from the Corporation if the person becomes entitled to weekly compensation. (4) The amount of the top-up is the amount (if any) by which the weekly compensation payable to the person calculated as if no right to receive weekly compensation had been purchased is less than the amount that would have been payable under the right if the person had not resumed employment. Compare: 1998 No 114 s 289
Official source: legislation.govt.nz
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