Seafarers Rehabilitation and Compensation (Specified Rate for Redemption of Compensation) Instrument 2019

I, KELLY O’DWYER, Minister for Jobs and Industrial Relations, make the following instrument.

Dated 7 March 2019

KELLY O’DWYER

Minister for Jobs and Industrial Relations

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

5 Specification

Schedule 1—Repeals

Seafarers Rehabilitation and Compensation Act 1992 - Notice of Declarations and Specifications (25/05/1993)

1 Name

This instrument is the Seafarers Rehabilitation and Compensation (Specified Rate for Redemption of Compensation) Instrument 2019.

2 Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislation.

3 Authority

This instrument is made under subsection 44(3) of the Seafarers Rehabilitation and Compensation Act 1992.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

5 Specification

For the purposes of subsection 44(2) of the Seafarers Rehabilitation and Compensation Act 1992, the specified rate is 0.03.