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Act Now - The Report of the WCB Legislative Review Panel to the

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<strong>The</strong> <strong>Panel</strong> agrees. We see prior consultation with employers as supporting transparencyand accountability. We also see an inclusive approach as a positive way <strong>to</strong> promote anon-adversarial system.Recommendation: 3.8.1 Process for Establishing Industrial Classifications1. <strong>The</strong> legislation should be changed <strong>to</strong> require consultation with affected employers, or<strong>the</strong>ir representative associations, before introducing or amending an industrial classor subclass.3.8.2 Classifying an Employer in More than One Class or SubclassSome stakeholders asked <strong>the</strong> <strong>Panel</strong> <strong>to</strong> consider recommending split classifications forindividual employers. In o<strong>the</strong>r words, classify <strong>the</strong> employer’s operations based on <strong>the</strong>proportional hazards or risks <strong>of</strong> work ra<strong>the</strong>r than placing <strong>the</strong> employer in a single class orsubclass.<strong>The</strong> <strong>Panel</strong> agrees. An employer’s share <strong>of</strong> collective liability should be based on <strong>the</strong>hazard or risk posed.Recommendation: 3.8.2 Classifying an Employer in More thanOne Class or Subclass1. <strong>The</strong> legislation should be changed <strong>to</strong> enable <strong>the</strong> <strong>WCB</strong> Board <strong>of</strong> Direc<strong>to</strong>rs <strong>to</strong> classifyan employer in more than one industrial class or subclass.3.9 Accident Fund<strong>The</strong> Accident Fund is defined as <strong>the</strong> fund established for payment <strong>of</strong> compensation ando<strong>the</strong>r outlays and expenses authorized by <strong>the</strong> <strong>Act</strong>s. Employer assessments are paid in<strong>to</strong><strong>the</strong> Accident Fund. <strong>The</strong> <strong>WCB</strong> Board <strong>of</strong> Direc<strong>to</strong>rs makes investments (as defined in <strong>the</strong><strong>Act</strong>s) from <strong>the</strong> Accident Fund.<strong>WCB</strong> <strong>Legislative</strong> <strong>Review</strong> <strong>Panel</strong> <strong>Report</strong> Page 70 <strong>of</strong> 128December, 2001

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