(1) An account called
the WorkCover WA Default Insurance Fund (the DI Fund ) is established as an
agency special purpose account under the Financial Management Act 2006
section 16.
(2) WorkCover WA has
the direction, control and management of the DI Fund.
(3) The records of the
DI Fund must account separately for payments from the DI Fund under each
separate provision of this Act that authorises or requires a payment to be
made from the DI Fund.