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
The Minister may direct the Corporation to assume the Regulator's role in relation to the Non-Compliers Fund.
A direction under subsection (1) is a policy direction for the purposes of section 103 of the Crown Entities Act 2004.
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.
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).