Queensland Consolidated Acts

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WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 306L

Discount rate to be applied in calculating the present value of future loss

306L Discount rate to be applied in calculating the present value of future loss

(1) This section applies if—
(a) a person is to be compensated for future loss; and
(b) an actuarial multiplier is to be used to calculate the present value of future loss.
(2) A discount rate of 5% is to be applied in deciding the actuarial multiplier.



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