Western Australian Numbered Acts

WORKERS COMPENSATION AND INJURY MANAGEMENT ACT 2023 (NO. 21 OF 2023) - SECT 495

495 .         Investment of money standing to credit of Trust Account

        (1)         Money standing to the credit of the Trust Account becomes 1 common fund to be invested by WorkCover WA.

        (2)         Investments made from money standing to the credit of the Trust Account must not be made on account of or belong to any particular person.

        (3)         Interest or income earned by the investments must be credited to the Trust Account.

        (4)         WorkCover WA may invest any money standing to the credit of the Trust Account in a manner approved by the Treasurer.