Australian Capital Territory Numbered Acts

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LIFETIME CARE AND SUPPORT (CATASTROPHIC INJURIES) ACT 2014 (NO. 11 OF 2014) - SECT 88

Meaning of present value of treatment and care liabilities—div 10.2

In this division:

present value of the LTCS commissioner's treatment and care liabilities , in relation to a participant in the LTCS scheme, is worked out as follows:
A + B

"A" means the amount paid by the LTCS commissioner under part 6 (Payments under LTCS scheme) in relation to the participant's treatment and care needs associated with the participant's motor accident injury.

"B "means the present value of the amounts the LTCS commissioner estimates will become payable by the LTCS commissioner in the future under part 6 in relation to the participant's treatment and care needs associated with participant's motor accident injury.



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