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LIFETIME CARE AND SUPPORT (CATASTROPHIC INJURIES) ACT 2014 - SECT 73

Meaning of contribution period—div 10.1

    (1)     For this division, a "contribution period", for which a required fund contribution is determined, in writing, is a financial year or other period (not longer than 12 months) determined by the LTCS commissioner to be a contribution period for section 83 (Determination of amounts to be contributed to LTCS fund).

Note 1     Power to make the determination includes power to make different provision in relation to different matters or different classes of matters, and to make a determination that applies differently by reference to stated exceptions or factors (see Legislation Act

, s 48).

Note 2     The power to make an instrument includes the power to amend or repeal the instrument (see Legislation Act

, s 46).

    (2)     The LTCS commissioner—

        (a)     may determine a contribution period that overlaps with another contribution period; but

        (b)     must not determine successive contribution periods with gaps between the periods.



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