Ala. Admin. Code r. 480-5-1-.03

Current through Register Vol. 43, No. 1, October 31, 2024

Section 480-5-1-.03 - Penalty For Not Filing WCC Form 10

Any entity providing coverage which neglects to file the annual written statement within the time provided shall pay a penalty of twenty-five dollars ($25) per day for each day that this report is late. Any entity which fails to report true and accurate amounts of payments made for compensation and medical on the current revision of WCC Form 10 shall pay the additional assessment and a penalty of fifty percent (50%) of the additional assessment. All money collected under this rule shall be deposited into the Workers' Compensation Administrative Trust Fund.

Author: Wilbon S. Spates, Chief, Workers' Compensation Division

New Rule: effective October 15, 1992; effective February 16, 1993. Amended: Filed October 9, 1997; effective November 13, 1997.

Statutory Authority:Code of Ala. 1975, Act 92-537.