Document ID: chunk:federal_register_of_legislation:C2025C00175:section:90c:p2
Version: federal_register_of_legislation:C2025C00175
Segment Type: section
Provision Reference: s 90C (pt 2/2)
Character Range: 261787–263484

direction of the Minister under section 96G of the Safety, Rehabilitation and Compensation Act 1988 as in force from time to time during that period.
previous payments means the total of the amounts paid by the Commonwealth to the previous Commission or to Comcare for the purposes of the performance of their functions under this Act before the relevant payment is made.
 (4) For the purpose of the application on, or at any time after, 1 July 2002 of the formula referred to in subsection (3), the Finance Minister may determine:
 (a) the total of the amounts of the premiums paid, or notionally paid, to the Commonwealth in respect of financial years or parts of financial years starting on 1 July 1989 and ending before 1 July 2002 that would have been received at that time; and
 (b) the notional interest (within the meaning of that subsection) that would have accrued to that time; and
 (c) the previous payments (within the meaning of that subsection) made before that time.
 (5) In this section:
Comcare‑retained funds means so much of the funds from time to time standing to Comcare's credit in a bank account as is attributable to:
 (a) premiums paid to Comcare by Entities and Commonwealth authorities in respect of the financial year starting on 1 July 2002 and subsequent financial years; and
 (b) special premiums paid to Comcare by Entities and Commonwealth authorities in respect of one or more of the financial years starting on 1 July 1999, 1 July 2000 or 1 July 2001; and
 (c) interest earned on the premiums and special premiums referred to in paragraphs (a) and (b); and
 (d) exit contributions paid to Comcare; and
 (e) interest earned on exit contributions paid to Comcare.