Accident Compensation (Experience Rating) Amendment Regulations 2022

  • revoked
  • Accident Compensation (Experience Rating) Amendment Regulations 2022: revoked, on 1 April 2022, pursuant to regulation 30(1) of the Accident Compensation (Experience Rating) Regulations 2022 (SL 2022/32).

Version as at 1 April 2022

Coat of Arms of New Zealand

Accident Compensation (Experience Rating) Amendment Regulations 2022

(SL 2022/33)

Accident Compensation (Experience Rating) Amendment Regulations 2022: revoked, on 1 April 2022, pursuant to regulation 30(1) of the Accident Compensation (Experience Rating) Regulations 2022 (SL 2022/32).

Cindy Kiro, Governor-General

Order in Council

At Wellington this 21st day of February 2022

Present:
Her Excellency the Governor-General in Council

Note

The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.

Note 4 at the end of this version provides a list of the amendments included in it.

These regulations are administered by the Ministry of Business, Innovation, and Employment.

These regulations are made under section 329 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.

Regulations

1 Title

These regulations are the Accident Compensation (Experience Rating) Amendment Regulations 2022.

2 Commencement

These regulations come into force on 25 March 2022.

3 Principal regulations

These regulations amend the Accident Compensation (Experience Rating) Regulations 2019.

4 Regulation 6 amended (Interpretation)

In regulation 6(1), definition of minimum liable earnings, in paragraph (c)(i), replace “$32,760” with “$36,816”.

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on 25 March 2022, amend the Accident Compensation (Experience Rating) Regulations 2019. Regulation 4 amends the definition of minimum liable earnings that applies to the levy year starting on 1 April 2021 and ending on 31 March 2022. The minimum liable earnings figure for the 2019/20 tax year is amended from $32,760 to $36,816 to align with the minimum liable earnings figure specified in the Accident Compensation (Work Account Levies) Regulations 2019. This will affect the calculation of levies for the 2021/22 levy year.

Regulatory impact statement

The Ministry of Business, Innovation, and Employment produced a regulatory impact statement on 29 November 2018 to help inform the decisions taken by the Government relating to the contents of this instrument.

A copy of this regulatory impact statement can be found at—

Issued under the authority of the Legislation Act 2019.

Date of notification in Gazette: 24 February 2022.

These regulations are administered by the Ministry of Business, Innovation, and Employment.

Notes
1 General

This is a consolidation of the Accident Compensation (Experience Rating) Amendment Regulations 2022 that incorporates the amendments made to the legislation so that it shows the law as at its stated date.

2 Legal status

A consolidation is taken to correctly state, as at its stated date, the law enacted or made by the legislation consolidated and by the amendments. This presumption applies unless the contrary is shown.

Section 78 of the Legislation Act 2019 provides that this consolidation, published as an electronic version, is an official version. A printed version of legislation that is produced directly from this official electronic version is also an official version.

3 Editorial and format changes

The Parliamentary Counsel Office makes editorial and format changes to consolidations using the powers under subpart 2 of Part 3 of the Legislation Act 2019. See also PCO editorial conventions for consolidations.

4 Amendments incorporated in this consolidation

Accident Compensation (Experience Rating) Regulations 2022 (SL 2022/32): regulation 30