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A-3 - Workers’ Compensation Act
Section 82
Disposition versions
82. (1) Subject to section 102, it shall not be obligatory upon the Commission to provide and maintain a reserve fund which shall at all times be equal to the capitalized value of the payments of benefit which will become due in future years, unless the Commission shall be of the opinion that it is necessary to do so in order to comply with the provisions of section 81.
(2) It shall not be necessary that the reserve fund be uniform as to all the units or all the classes of units but, subject to sections 81 and 102, the Commission may establish a reserve fund differing from one unit or class of units to another.
82. (1) Subject to section 102, it shall not be obligatory upon the Commission to provide and maintain a reserve fund which shall at all times be equal to the capitalized value of the payments of compensation which will become due in future years, unless the Commission shall be of the opinion that it is necessary to do so in order to comply with the provisions of section 81.
(2) It shall not be necessary that the reserve fund shall be uniform as to all classes of industries, but, subject to sections 81 and 102, the Commission may provide a different reserve fund for each class.
