Part 6Management of the Scheme
Purchase of weekly compensation by self-employed persons
210Effect of agreement
A self-employed person who purchases weekly compensation under section 209 is entitled to weekly compensation in the manner agreed by the person and the Corporation, if—
- the person suffers incapacity resulting from a personal injury suffered during the period for which the agreement has effect; and
- the person has cover for the personal injury under Part 2.
A person who purchases weekly compensation under section 209, suffers personal injury in a particular cover period for which there is an agreement under section 209, and then, when that agreement no longer has effect, suffers incapacity or subsequent incapacity arising from that personal injury, is entitled to receive the following amount of weekly compensation for loss of earnings:
- the amount specified in an agreement made under section 209 that is in force at the time the incapacity commences; or
- the amount calculated under Schedule 1, if no agreement under section 209 exists at the time the incapacity commences.
A person who purchases weekly compensation under section 209 for loss of earnings as a self-employed person is entitled to receive weekly compensation for loss of earnings as a self-employed person in accordance with the agreement under that section, and Parts 2 and 4 of Schedule 1 apply only to the extent provided in the agreement.
Notes
- Section 210(2): substituted, on , by section 36(1) of the Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45).