Regulations 2007 No.13 of 2007 Motor Accidents (Compensation) Rates of Benefit Amendment Regulations
Tabled paper 892
Tabled papers for 10th Assembly 2005 - 2008; Tabled Papers for 10th Assembly 2005 - 2008; Tabled papers; Tabled Papers; ParliamentNT
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(2) A commutation may be made under this regulation: (a) on the application of the eligible person; or (b) if the amount of the compensation to which the eligible person is entitled does not justify, in the Board's opinion, the administrative cost of making periodic payments. (3) In determining the amount for which an entitlement to future benefits should be commuted, a discount rate of 6% will be applied. (4) The payment of the amount assessed on commutation discharges the Office from further liability to pay benefits of the kind to which the commutation relates. (5) However, the Board has a discretion to re-open a commutation under this regulation if: (a) the commutation was made without the eligible person's consent; and (b) there has been a substantial deterioration of the eligible person's medical condition since the date of the commutation. 6. Commutation of benefits where eligible person resides or is about to reside outside Australia (1) This regulation applies to statutory benefits of the following kinds: (a) compensation for loss of earning capacity under section 13 of the Act; (b) compensation for the reasonable cost of medical and rehabilitation services under section 18 of the Act; (c) long-term benefits for attendant care services under section 18B of the Act. (2) The Board may, on application by an eligible person, commute a liability to pay statutory benefits to which this regulation applies if satisfied that: (a) the eligible person is ordinarily resident outside Australia or is about to leave Australia to take up residence, for a substantial period, outside Australia; and (b) the eligible person is entitled to benefits of the kind for which commutation is sought; and Motor Accident (Compensation) Rates o f Benefit Amendment Regulations 2007 3