Document ID: chunk:federal_register_of_legislation:F2018L01587:reg:8
Version: federal_register_of_legislation:F2018L01587
Segment Type: reg
Provision Reference: reg 8
Character Range: 4912–6222

8  Purposes of the special account
  For paragraph 78(1)(c) of the Act, the purposes of the special account, in relation to which amounts may be debited from the special account, are the following:
 (a) to promote risk management to insured Commonwealth entities;
 (b) to administer the Commonwealth's self-managed general insurance function;
 (c) to make payments in respect of any liability claim made against an insured Commonwealth entity, including settlement payments;
 (d) to make payments in respect of any uninsured superannuation liability claims against an insured Commonwealth entity;
 (e) to make payments incidental to a purpose described in paragraph (a), (b), (c) or (d) above, including for costs associated with administering the special account;
 (f) to repay amounts received from an insured Commonwealth entity credited to the special account and residual after any payments have been made for a purpose described in paragraph (a), (b), (c), (d) or (e) above;
 (g) to repay an amount where a court order, Act or other law requires or permits the repayment of an amount received;
  (h) to reduce the balance of the special account (and, therefore, the available appropriation for the special account) without making a real or notional payment.

Part 3—Transitional and repeal provisions