Western Australian Numbered Acts

WORKERS COMPENSATION AND INJURY MANAGEMENT ACT 2023 (NO. 21 OF 2023) - SECT 262

262 .         Arrangements for payment of contributions

        (1)         A contribution required to be paid by a licensed insurer or self-insurer under section 261(5) is payable at the times and in accordance with the arrangements (which may include arrangements for payment by instalments) WorkCover WA determines and notifies to the licensed insurer or self-insurer.

        (2)         If a licensed insurer or self-insurer fails to pay the full amount of a contribution (or contribution instalment) as and when required under the arrangements notified by WorkCover WA —

            (a)         the full amount of the contribution (or the balance of that amount that is unpaid) becomes payable immediately and may be recovered by WorkCover WA as a debt; and

            (b)         the licensed insurer or self-insurer commits an offence.

        Penalty for this subsection: a fine of $15 000.

        (3)         In the case of a contribution required to be paid by a group of related self-insurers, the arrangements for payment of the contribution need only be notified to the holder of the self-insurer licence and, in the case of a failure to pay, only the holder of the self-insurer licence commits the offence under subsection (2)(b).

        Note for this subsection:

                Each of the related self-insurers of the group remains jointly and severally liable for payment of the required contribution.