Victorian Numbered Regulations

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TRANSPORT ACCIDENT (IMPAIRMENT) REGULATIONS 2010 (SR NO 31 OF 2010) - REG 7

Periodic payment of impairment benefit annuity

r. 7

For the purposes of section 48(1) of the Act, as in force immediately before the commencement of section 13 of the Transport Accident (Amendment) Act 2004 , periodic payments payable to a person are weekly payments until the person is over 75 years calculated in accordance with the formula—

    10-031sr01.jpg

where—

    A     is the amount determined in accordance with section 48(1) of the Act, as in force immediately before the commencement of section 13 of the Transport Accident (Amendment) Act 2004 ; and

    B     has the same meaning as in regulation 6.



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