Document ID: chunk:federal_register_of_legislation:C2004A05165:clause:1_34zu
Version: federal_register_of_legislation:C2004A05165
Segment Type: clause
Provision Reference: sch 1 cl 34ZU
Character Range: 66530–67429

34ZU  Transitional provisions relating to Division 4A of Part VII

 (1) On and after the sale day of AIDC Ltd, Division 4A of Part VII of the Safety, Rehabilitation and Compensation Act 1988 applies to AIDC Ltd as if:
 (a) AIDC Ltd continues to be a Commonwealth authority; and
 (b) AIDC Ltd is not required to pay a premium under that Division in respect of the part of a financial year that occurs after AIDC Ltd's sale day; and
 (c) the following word and paragraph were added at the end of subsection 96H(1):
 ; or (f) in the case of an authority—the authority is not required to pay a premium under this Division in respect of part of a financial year.

 (2) If, 60 days after AIDC Ltd's sale day, an amount of premium payable by AIDC Ltd to Comcare in respect of the period before the sale day remains unpaid, the amount is a debt due to the Commonwealth by AIDC Ltd and payable to Comcare.