Seafarers Rehabilitation and Compensation Levy Act 1992 (Cth)

Seafarers Rehabilitation and Compensation Levy Act 1992

Act No. 231 of 1992 as amended

This compilation was prepared on 25 October 2000 taking into account amendments up to Act No. 5 of 1994

The text of any of those amendments not in force on that date is appended in the Notes section

Prepared by the Office of Legislative Drafting, Attorney‑General's Department, Canberra

Contents 1 Short title [see Note 1]........................... 2 Commencement [see Note 1]....................... 3 Interpretation................................. 4 Imposition of levy.............................. 5 Rate of levy.................................. 6 Who pays levy?............................... 7 Regulations..................................

Notes An Act to impose levy in respect of the employment of seafarers

1 Short title [see Note 1]

This Act may be cited as the Seafarers Rehabilitation and Compensation Levy Act 1992.

2 Commencement [see Note 1]

This Act commences on the day on which section 2 of the Seafarers Rehabilitation and Compensation Act 1992 commences.

3 Interpretation

Unless the contrary intention appears, an expression used in this Act has the same meaning as in the Seafarers Rehabilitation and Compensation Levy Collection Act 1992.

4 Imposition of levy

If the Minister has made a declaration under section 100 of the Seafarers Rehabilitation and Compensation Act 1992, levy is imposed on seafarer berths on prescribed ships.

5 Rate of levy

The rate of levy imposed on each seafarer berth is such amount as is prescribed.

6 Who pays levy?

Levy on seafarer berths is payable by an employer who employs or engages seafarers on a prescribed ship.

7 Regulations

(1) The Governor‑General may make regulations for the purposes of section 5.

(2) Before advising the Governor‑General about the making of a regulation under subsection (1), the Minister must consult the Authority with respect to the following matters: (a) the need to ensure that the Fund has adequate financial reserves for the purposes of its prudential management; (b) reasonable estimates of the Fund's present and future liabilities under the Seafarers Rehabilitation and Compensation Act 1992; (c) the cost of administering the Authority in connection with the performance or exercise of the Fund's functions, powers and obligations under that Act.