British Columbia Gazette Part II — B.C. Reg. 389/2012
B.C. Reg. 389/2012
British Columbia — Gazette
Copyright © Queen's Printer,
Victoria, British Columbia, Canada
Licence
Disclaimer
Volume 55, No. 25
389/2012
The British Columbia Gazette,
Part II
December 18, 2012
B.C. Reg. 389/2012 , deposited December 6, 2012, pursuant to the WORKERS COMPENSATION ACT [sections 25 and 25.2]. Regulation of the Workers' Compensation Board, dated November 29, 2012.
CONSUMER PRICE INDEX ADJUSTMENTS
WHEREAS sections 25 and 25.2 of the Workers Compensation Act ("Act") requires the Board to determine as of January 1, 2013, a percentage change by comparing the Consumer Price Index for October 2012 with the Consumer Price Index for October 2011 and by applying that percentage change to adjust those periodic payments of compensation referred to in
section 25 (3), and to adjust dollar amounts in the Act referred to in
section 25.2 (1);
AND
WHEREAS the Board is advised that the Consumer Price Index for October 2011 was 120.8 and for October 2012 was 122.2 giving a percentage change of 1.158940% and subtracting 1% gives a percentage change of 0.158940%;
AND
WHEREAS
section 25 (2) requires that the percentage resulting from calculations made under
section 25 (1), for purposes of
section 25 (3), must not be greater than 4% or less than 0%;
AND
WHEREAS B.C. Reg. 224/2011 amended dollar amounts described in
section 25.2 (1) as of January 1, 2012 as shown in column 1 below;
THE BOARD HEREBY DETERMINES THAT B.C. Reg. 224/2011 shall be repealed as of January 1, 2013;
AND THAT the percentage change applicable under
section 25 (1) (
b) is 0.158940%;
AND THAT the percentage change applicable under
section 25 (2) is 0.158940%;
AND THAT all periodic payments of compensation described in
section 25 (3) shall be adjusted by applying the percentage change of 0.158940% as of January 1, 2013;
AND THAT the percentage change applicable under
section 25.2 (1) is 1.158940%;
AND THAT all dollar amounts referred to in
section 25.2 (1) of the Act, shall be adjusted by applying the percentage change of 1.158940% as of January 1, 2013 as follows:
Section No.
Column 1
January 1, 2012 Dollar Amount
Change
Column 2
January 1, 2013 Dollar Amount
3 (5) (c)
124.86
126.31
17 (3) (a) (ii)
328.29
332.09
17 (3) (c)
1,060.84
1,073.13
17 (3) (d)
1,060.84
1,073.13
17 (3) (f) (iii) (B)
328.29
332.09
17 (3) (g)
35,367.14
35,777.02
17 (3) (h) (i)
581.02
587.75
17 (3) (h) (ii)
581.02
587.75
17 (3) (i)
581.02
587.75
17 (13)
2,526.30
2,555.58
18 (1)
439.58
444.67
136.44
138.02
22 (2)
1,623.32
1,642.13
29 (2)
374.56
378.90
33 (5)
1,623.32
1,642.13
35 (5)
223.82
226.41
73 (1)
52,221.94
52,827.16
75 (3)
4,994.49
5,052.37
77 (2)
4,994.49
5,052.37
196 (2)
596,435.35
603,347.68
217 (a) (i)
652,774.38
660,339.64
32,638.75
33,017.01
217 (b) (i)
1,305,548.74
1,320,679.27
65,277.44
66,033.97
AND pursuant to
section 25.2 (2), all sections containing such dollar amounts shall be deemed to be amended accordingly as of January 1, 2013.
— By The Board, D. ANDERSON, President and CEO, Workers' Compensation Board .
Copyright © 2012: Queen's Printer, Victoria, British Columbia, Canada