Document ID: chunk:federal_register_of_legislation:C2012C00787:section:53
Version: federal_register_of_legislation:C2012C00787
Segment Type: section
Provision Reference: s 53
Character Range: 36848–37763

53  Transitional provisions relating to Division 4A of Part VII

 (1) On and after the sale day of a CFM body, Division 4A of Part VII of the Safety, Rehabilitation and Compensation Act 1988 applies to the CFM body as if:
 (a) the CFM body continues to be a Commonwealth authority; and
 (b) the CFM body is not required to pay a premium under that Division in respect of the part of a financial year that occurs after the 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 the sale day of a CFM body, an amount of premium payable by the body to Comcare in respect of the period before the sale day remains unpaid, the amount is a debt due to the Commonwealth by the CFM body and payable to Comcare.