(1) The LTCS commissioner may determine a LTCS levy relating to motor accident injuries for a contribution period as any of the following:
(a) a fixed amount;
(b) a percentage of the premium payable for an MAI policy;
(c) a combination of a fixed amount and percentage of the premium payable for an MAI policy.
(2) A LTCS levy may be determined to differ according to any classification or other criteria for the determination of premiums for MAI policies as provided for by the MAI guidelines.
Note 1 Power to make a statutory instrument in relation to a matter includes power to make a provision in relation to a class of matter (see Legislation Act
, s 48 (2)).
Note 2 MAI guidelines —see the MAI Act
, dictionary.
"MAI policy"—see the MAI Act
, s 286.