Document ID: chunk:federal_register_of_legislation:C2016A00003:clause:1_97qf
Version: federal_register_of_legislation:C2016A00003
Segment Type: clause
Provision Reference: sch 1 cl 97QF
Character Range: 53580–55655

97QF  Remission of exit contributions payable by the Australian Capital Territory if it ceases to be a Commonwealth authority
 (1) If:
 (a) the Australian Capital Territory ceases to be a Commonwealth authority at a particular time (the cessation time); and
 (b) under subsection 97HA(5), Comcare has permitted an amount of exit contribution payable by the Australian Capital Territory to be paid in instalments; and
 (c) one or more of those instalments have not been paid; and
 (d) the amount that represents so much of available scheme funds as is attributable to:
 (i) premiums paid by the Australian Capital Territory before the cessation time; and
 (ii) special premiums paid by the Australian Capital Territory before the cessation time; and
 (iii) interest earned on the premiums and special premiums referred to in subparagraphs (i) and (ii); and
 (iv) instalments of exit contribution paid to Comcare by the Australian Capital Territory after the cessation time; and
 (v) interest earned on instalments referred to in subparagraph (iv);
  exceeds Comcare's liability (if any) under this Act (including liability under actions for non‑economic loss), in respect of injuries suffered before the cessation time by employees of the Australian Capital Territory;
Comcare may remit the whole or a part of the amount of any or all of the unpaid instalments.
 (2) For the purposes of subsection (1), the total amount remitted must be equal to or less than the excess.
 (3) For the purposes of paragraph (1)(d):
 (a) liability includes prospective liability; and
 (b) assume that Comcare's liability is not contingent on:
 (i) the making of a claim for compensation; or
 (ii) the giving of a notice under section 53.
 (4) For the purposes of paragraph (1)(d), assume that all instalments of exit contributions payable by the Australian Capital Territory have been paid to Comcare.

Part 2—Amendments contingent on the commencement of Schedule 2 to the Safety, Rehabilitation and Compensation Legislation Amendment Act 2016

Safety, Rehabilitation and Compensation Act 1988