Australian Capital Territory Consolidated Acts

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WORKERS COMPENSATION ACT 1951 - SECT 147B

Compulsory insurance policy—minimum premium following default notice

    (1)     This section applies if an employer

        (a)     receives a default notice, or a 2nd default notice, under section 147; and

        (b)     subsequently obtains a compulsory insurance policy issued by an approved insurer.

    (2)     The employer must pay to the insurer at least 30% of the premium payable for the policy at the time the policy is issued.



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