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WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 62
Further additional premium payable after appeal to industrial magistrate
62 Further additional premium payable after appeal to industrial magistrate
(1) An employer must pay WorkCover an additional premium calculated as
prescribed under a regulation if— (a) the employer’s liability in relation
to an assessment has been decided by an industrial magistrate or the
industrial court; and
(b) the employer fails to pay WorkCover the amount by
which the assessment is more than the amount of premium paid under section 551
(4) as a condition of the appeal to an industrial magistrate within 15
business days after the day the decision is made.
(2) WorkCover may recover
the amount of the increase in assessment and additional premium payable to it
by the employer.
(3) Until the employer has paid WorkCover the full amount of
the increase in assessment and any additional premium payable, the employer is
not covered by a policy.
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