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StatuteInjury Prevention, Rehabilitation, and Compensation Act 2001

Section 371 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Interest on late payments of weekly compensation

Text of the provision Official document

371 Interest on late payments of weekly compensation (1) Despite section 339 , section 72 of the Accident Rehabilitation and Compensation Insurance Act 1992 (as continued by section 458 of the Accident Insurance Act 1998) continues in effect to the extent that it requires payment of interest only in respect of calculations made under that Act for any period commencing on or after 1 July 1992 for which weekly compensation is payable. (2) Despite section 339 ,— (a) section 101 of the Accident Insurance Act 1998 continues in effect as if that section had not been repealed; but (b) section 101 has effect to require the payment of interest only in respect of calculations made under that Act for the period 1 July 1999 to 1 April 2002. Compare: 1998 No 114 s 458

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.