Page 3789 - Week 12 - Thursday, 21 October 1993

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6

WORKERS COMPENSATION SUPPLEMENTATION FUND

(Insurers Advisory Committee For Workmens Compensation Supplementation Fund And Fund Manager)

2. Terms of Reference

The function of the Committee is to advise the Manager in the performance of his functions or the exercise of his powers.

Money for the Fund is obtained by a levy on employers or by other means listed in the Act, and is paid for the settlement of claims made under the Act.

The main purpose of the Fund is to provide a mechanism for the handling of workers compensation business previously written by insurance companies which have gone into liquidation.

3. Present Members

Mr D J McNeil

Mr J A Petriella

Mr G J Matthews

Mr J Collier

Public Servants

SOG B $48133 - 55234 6hrs p/w

4. Remuneration

Nil

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