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StatuteInjury Prevention, Rehabilitation, and Compensation Act 2001

Section 392 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Allocation of existing funds

Text of the provision Official document

392 Allocation of existing funds (1) All funds held by the Corporation in any of the following Accounts under the Accident Insurance Act 1998 are to be allocated to the Accounts as follows: (a) funds in the Employers' Account under section 281A of the Accident Insurance Act 1998 are to be allocated to the Employers' Account: (b) funds in the Earners' Account under section 282 of that Act are to be allocated to the Earners' Account: (c) funds in the Non-Earners' Account under section 290 of that Act are to be allocated to the Non-Earners' Account: (d) funds in the Motor Vehicle Account under section 291 of that Act are to be allocated to the Motor Vehicle Account: (e) funds in the Medical Misadventure Account under section 296 of that Act are to be allocated to the Medical Misadventure Account: (f) funds in the Self-Employed Work Account under section 299 of that Act are to be allocated to the Self-Employed Work Account: (g) funds in the Residual Claims Account under section 303 of that Act are to be allocated to the Residual Claims Account. (2) In this section, funds means any assets and liabilities of the relevant account. Compare: 1998 No 114 s 454

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.