Accident Compensation Act 2001

Provisions relating to transition from competitive provision of workplace accident insurance - Savings in respect of other ongoing matters under 1998 Act

345: Regulator's functions in respect of Non-Compliers Fund

You could also call this:

“What happens when the Minister asks the Corporation to manage the Non-Compliers Fund”

The Minister can tell the Corporation to take over the Regulator’s job for the Non-Compliers Fund. When this happens, it’s like giving the Corporation an important instruction.

If the Minister does this, the Corporation will do everything the Regulator used to do for the Non-Compliers Fund. The Regulator won’t have to do anything for the Fund anymore.

After the Minister gives this instruction, the Corporation and the Regulator need to make an agreement. This agreement will make sure that everything works the way the Minister wants it to.

When the Minister tells the Corporation to take over, it’s called a policy direction. This is mentioned in section 103 of the Crown Entities Act 2004.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM104136.


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Part 10 Provisions relating to transition from competitive provision of workplace accident insurance
Savings in respect of other ongoing matters under 1998 Act

345Regulator's functions in respect of Non-Compliers Fund

  1. The Minister may direct the Corporation to assume the Regulator's role in relation to the Non-Compliers Fund.

  2. A direction under subsection (1) is a policy direction for the purposes of section 103 of the Crown Entities Act 2004.

  3. The effect of a direction under subsection (1) is that the Corporation assumes the role of the Regulator in all respects in relation to the Non-Compliers Fund and the Regulator has no further responsibilities in relation to the Fund.

  4. The Corporation and the Regulator must then enter into an agreement to achieve the effect of the direction.

Notes
  • Section 345(2): amended, on , by section 42 of the Crown Entities Amendment Act 2013 (2013 No 51).