What the official record says
This Act is the Accident Compensation (Financial Responsibility and Transparency) Amendment Act . Except as provided in , this Act comes into force on the day after the date on which it receives the Royal assent. come into force on a date to be appointed by the Governor-General by Order in Council, and one or more orders may be made bringing different provisions into force on different dates. This Act comes into force on the day after the date on which it receives the Royal assent. This Act amends the Accident Compensation Act 2001 (the ). In section 6, repeal the definition of . After section 166, insert: The cost of all claims under the levied Accounts are to be fully funded by meeting the outstanding claims liability in respect of the claims by offsetting an adequate level of assets to