s. 56 (a) restore the entitlement of the person to receive weekly payments; and (b) take into account earnings received during the period of the return to work. 56 Redemption of payments if less than certain amount (1) If the amount of the weekly payment in respect of S. 56(1) amended by loss of earning capacity under section 49, 50 or 51 Nos 94/2004 to which a person is entitled is at any time less s. 11(5)(c)(i)(ii), 44/2014 than 5 per centum of average weekly earnings of s. 33(Sch. all employees for Victoria last published by the item 29(2)). Australian Bureau of Statistics, the Commission must redeem those payments under that section and pay to the person an amount determined in accordance with the regulations. (2) A person to whom a payment is made under this S. 56(2) amended by section ceases to be entitled to benefits under No. 94/2004 section 49, 50 or 51. s. 11(5)(d). 56A Redemption of impairment benefit annuity in S. 56A inserted by respect of pre 16/12/2004 transport accidents No. 80/2010 s. 6. (1) This section applies to a person who, immediately before the commencement of section 13 of the Transport Accident (Amendment) Act 2004— (a) was receiving periodic payments in accordance with section 48 as then in force; or (b) had an accrued entitlement to such payments, regardless of whether or not the person's impairment benefit had been assessed. (2) Unless the periodic payments are redeemed in accordance with this section or the person accepts an offer made under subsection (4), the person is entitled to continue to receive periodic payments in accordance with section 48 as if sections 11 and 13 of the Transport Accident (Amendment) Act 2004 had not been enacted.
(a) restore the entitlement of the person to receive weekly payments; and (b) take into account earnings received during the period of the return to work. 56 Redemption of payments if less than certain amount S. 56(1) amended by Nos 94/2004 s. 11(5)(c)(i)(ii), 44/2014 s. 33(Sch. item 29(2)). s. 56 (1) If the amount of the weekly payment in respect of loss of earning capacity under section 49, 50 or 51 to which a person is entitled is at any time less than 5 per centum of average weekly earnings of all employees for Victoria last published by the Australian Bureau of Statistics, the Commission must redeem those payments under that section and pay to the person an amount determined in accordance with the regulations. S. 56(2) amended by No. 94/2004 s. 11(5)(d). (2) A person to whom a payment is made under this section ceases to be entitled to benefits under section 49, 50 or 51. S. 56A inserted by No. 80/2010 s. 6. 56A Redemption of impairment benefit annuity in respect of pre 16/12/2004 transport accidents (1) This section applies to a person who, immediately before the commencement of section 13 of the Transport Accident (Amendment) Act 2004— (a) was receiving periodic payments in accordance with section 48 as then in force; or (b) had an accrued entitlement to such payments, regardless of whether or not the person's impairment benefit had been assessed. (2) Unless the periodic payments are redeemed in accordance with this section or the person accepts an offer made under subsection (4), the person is entitled to continue to receive periodic payments in accordance with section 48 as if sections 11 and 13 of the Transport Accident (Amendment) Act 2004 had not been enacted.
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