1 Dec 2006
Kearney v Accident Compensation Corporation
- Citation
- [2006] NZACC 301
- Court
- District Court
Interest accrues one month after ACC has received all information necessary to calculate and make the arrears payment; on the facts the reviewer correctly found ACC had the necessary medical and financial information by 18 July 2003, so interest ran from and including 19 August 2003, and the applicable statutory regime is fixed by the date the interest entitlement crystallised under the transition provisions.