Accident Compensation Act 2001

Management of the Scheme - Earners' Account

220: Rate of levies

You could also call this:

"How much money you need to pay for accident insurance"

You have to pay levies under section 219. The government will make rules about how much you need to pay. The amount you pay might be based on how much money you earn. The government might also make rules about how much money they think you earn, even if it's not exactly what you actually earn. These rules will be written in regulations, which are a type of law.

There used to be another part to this rule, but it was removed on 3 March 2010. This means it no longer applies.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM102836.


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219: Earners to pay levies, or

"Workers must pay money to help with accidents"


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220A: Basis on which funds to be calculated, or

"How money was counted for workers' insurance (but this rule was removed)"

Part 6Management of the Scheme
Earners' Account

220Rate of levies

  1. Levies must be paid under section 219 at a rate or rates prescribed by regulations made under this Act and must be related in whole or in part to the level of earnings derived or deemed by regulation to be derived by the earner or category of earner.

  2. Repealed
Notes
  • Section 220(2): repealed, on , by section 30 of the Accident Compensation Amendment Act 2010 (2010 No 1).