• New rates take effect 1 April 2002, motor vehicle relicensing from 1 July 2002.
• Recommendations include the expected impact of changes in the range and scope of benefits contained in the Injury Prevention, Rehabilitation and Compensation Act 2001.
• Levies are calculated on a fully-funded basis.

Process

• ACC consultation on proposed rates commenced 23 August 2001 and closed 20 September 2001. (Residual Claims Account consultation concluded 27 September.)
• ACC Board recommends rates to the Minister for Accident Insurance, Gazetted 18 October 2001.
• Government considers the recommendations taking additional advice from the Department of Labour.
• Government considers ACC recommendations and sets new rates for 2002/2003.