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LIFETIME CARE AND SUPPORT (CATASTROPHIC INJURIES) ACT 2014 - SECT 84A

Determination of LTCS levy—motor accident injuries

    (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.



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