Section Sch1-56 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Amount of lump sum compensation for permanent impairment

56 Amount of lump sum compensation for permanent impairment (1) The amount of lump sum compensation for permanent impairment that the Corporation is liable to pay to a claimant is the appropriate amount specified in regulations made under this Act. (2) The regulations apply subject to subclauses (3) to (5) . (3) The minimum lump sum compensation for permanent impairment that the Corporation is liable to pay to a claimant is— (a) $2,500; and (b) payable to a claimant whose degree of whole-person impairment is 10%. (4) The maximum lump sum compensation for permanent impairment that the Corporation is liable to pay to a claimant is— (a) $100,000; and (b) payable to a claimant whose degree of whole-person impairment is 80% or more. (5) The amounts specified in regulations, the minimum amount specified in subclause (3) , and the maximum amount specified in subclause (4) must be adjusted in the manner provided in section 116 .