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Accident Compensation Act 2001

Provisions relating to transition from competitive provision of workplace accident insurance - Regulations

349: Regulations

You could also call this:

“Rules about accident compensation that the Governor-General can make”

The Governor-General can make rules about accident compensation. These rules are called regulations. The Governor-General makes these rules based on what the Minister recommends. Here’s what these regulations can do:

They can say what information needs to be in the reports given to the Regulator. They can explain what “total gross premiums” means. They can set percentages and interest rates for certain things. They can make rules about a special payment for the 2000/2001 financial year. They can also make rules to make sure that insurance companies, employers, and insured people keep their rights and responsibilities from older laws.

Before the Minister can recommend rules about what “total gross premiums” means, they must talk to insurance companies first.

The regulations can say that some parts of an old law don’t apply anymore, or that some parts of the old law will keep working for a while, maybe with some changes. They can also say that some old rules will keep working for a while, maybe with some changes.

No new regulations about keeping old rights and responsibilities can be made after 31 March 2005.

These regulations are a type of law called secondary legislation. This means they need to follow certain rules about how they’re published.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM104144.

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Part 10 Provisions relating to transition from competitive provision of workplace accident insurance
Regulations

349Regulations

  1. For the purposes of this Part, the Governor-General may, on the recommendation of the Minister, by Order in Council, make regulations—

  2. prescribing the information that must be contained in returns to be provided to the Regulator under section 194 of the 1998 Act:
    1. prescribing what is or is not included within the term total gross premiums in the 1998 Act:
      1. prescribing a percentage for the purpose of section 247(5) of the 1998 Act:
        1. prescribing rates of interest under the 1998 Act:
          1. providing for the levy referred to in section 236 of the 1998 Act in respect of the 2000/2001 financial year:
            1. prescribing transitional and savings provisions for the purpose of ensuring that the rights and obligations of insurers, employers, and insureds arising under the 1998 Act and the 2000 Act continue.

              1. The Minister must not make a recommendation under subsection (1)(b) without first consulting insurers.

              2. Regulations made under subsection (1)(f) may (without limitation) provide that, subject to any conditions specified in the regulations,—

              3. specified provisions of the 1998 Act do not apply:
                1. specified provisions of the 1998 Act continue to apply, with any specified amendments, during a specified transitional period:
                  1. specified provisions of any regulations, Orders in Council, or notices made or given under the 1998 Act continue to apply, with any specified amendments, during a specified transitional period.

                    1. No regulations may be made under subsection (1)(f) after 31 March 2005.

                    2. Regulations under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

                    Notes
                    • Section 349(5): inserted, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).