Queensland Consolidated Regulations

WORKERS' COMPENSATION AND REHABILITATION REGULATION 2014 - REG 14

14 Cancellation of policy if workers no longer employed

(1) This section applies if—

(a) a person (a
"former employer" ) has notified WorkCover under section 13 (3) that the former employer has stopped employing workers; or

(b) WorkCover is satisfied, after making reasonable enquiries, that a person (also a
"former employer" ) has stopped employing workers.

(2) WorkCover may cancel the former employer’s policy.

(3) WorkCover must assess the premium payable by the former employer for the period during which the Act required the former employer to maintain a policy.

(4) If the premium paid by the former employer for the last employment period is—

(a) greater than the amount of premium assessed under subsection (3) —WorkCover must refund the amount overpaid to the former employer; or

(b) less than the amount of premium assessed under subsection (3) —the former employer must pay WorkCover the amount of the deficit on or before the due date under a final premium notice issued for the amount of the deficit.

(5) Nothing in this section is taken to limit chapter 2 , part 3 , division 2 of the Act .