Accident Compensation (Work Account Levies) Regulations 2016

  • not the latest version

2016/27

Coat of Arms of New Zealand

Accident Compensation (Work Account Levies) Regulations 2016

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 22nd day of February 2016

Present:
The Right Hon John Key presiding in Council

These regulations are made under sections 167(4) and (5), 244, 329, and 333 of the Accident Compensation Act 2001—

(a)

on the advice and with the consent of the Executive Council; and

(b)

on the recommendation of the Minister for ACC made after complying with the consultation requirements of sections 330 and 331 of that Act.

Contents

1Title
2Commencement
Part 1
Preliminary provisions
3Interpretation
4Schedules classify industries
5Period to which levy relates
6Maximum earnings on which levy payable
7Minimum levy to be paid by self-employed person earning less than stated amount or without earnings history
Part 2
Work account levy
8Calculation of Work Account levy payable by employers and private domestic workers
9Calculation of Work Account levy payable by self-employed persons
10Work Account levy subject to adjustments
Part 3
Persons purchasing compensation
11Application of this Part
12Corporation to determine compensation levy
13Base compensation levy
14Non-abatement part
15Self-employed person must pay either compensation levy or Work Account levy
Part 4
Downward adjustments to Work Account levy or compensation levy based on safety management practices
Subpart 1—General provisions relating to downward adjustments to Work Account levy or compensation levy
16Limits on entitlement to downward adjustments
17Auditors
18Decisions made under this Part
Subpart 2—Downward adjustments for all employers or self-employed persons
19Downward adjustments
20Basis of downward adjustments
21Employer or self-employed person may apply for audit
22Determination of applications for audit
23Restriction on further application for audit for downward adjustment
24Application of downward adjustments
25Administration of downward adjustments
26Corporation may require further downward audit in certain circumstances
Subpart 3—Downward adjustments for certain employers or self-employed persons
27Interpretation
28Application of this subpart
29Downward adjustments
30Basis of downward adjustments
31Employer or self-employed person may apply for downward adjustment
32Determination of applications for downward adjustment
33Audits
34Application of downward adjustments
35Person for whom downward adjustment made must submit annual declaration
36Consequences of failure to submit annual declaration
37Consequences if annual declaration discloses that this subpart no longer applies or self-assessment no longer current
38Corporation may require further downward audit in certain circumstances
39Restriction on further application for downward adjustment
40Administration of downward adjustments
Part 5
Upward adjustments to Work Account levy based on employers’ safety management practices
41Auditors
42Upward adjustments
43Basis of upward adjustments
44Further audits after upward adjustment
45Application of upward adjustment to levy
46Administration of upward adjustments
Part 6
Miscellaneous
47Collection of Work Account levy
48Interest rate on Work Account levy overpaid
49Levy exclusive of GST
50Amounts of levy exempt from payment
51Continuation of adjustments
52Revocation and savings
Schedule 1
Classifications and Work Account levy rates from 1 April 2016
Schedule 2
Classifications and levy rates for purchase of agreed level of weekly compensation from 1 April 2016
Explanatory note
Administrative Information