Queensland Consolidated Regulations

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WORKERS' COMPENSATION AND REHABILITATION REGULATION 2014 - REG 90

Payment of amount

90 Payment of amount

(1) For section 105O (3) (b) of the Act , the old insurer must pay the agreed amount or decided amount
(a) within 3 months after the final day; or
(b) on a later day agreed to by the old insurer and WorkCover.
(2) The old insurer must pay WorkCover—
(a) the non-scheme member’s total liability amount (the
"agreed amount" ) agreed to by the old insurer and WorkCover; or
(b) if there is no agreement—the non-scheme member’s total liability amount (the
"decided amount" ) decided by the arbiter.
(3) The agreed amount or decided amount paid to WorkCover must be adjusted by the actuary of the old insurer to take into account—
(a) compensation and damages payments made between the assessment day and the final day; and
(b) claims lodged against the non-scheme member between the assessment day and the final day.
(4) The old insurer must advise the Regulator of the following no later than the day the total liability amount must be paid—
(a) the amount of the total liability;
(b) the day WorkCover assumes liability;
(c) details of the old insurer and the non-scheme member.



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