(a) Notwithstanding the provisions of this subchapter, if the Director determines that there are insufficient funds to support the Workers' Compensation Administration Revolving Fund, the Subsequent Injuries Fund, the Labor Enforcement and Compliance Fund, the Occupational Safety and Health Fund, or the Uninsured Employers Fund for fiscal year 2003-2004, or any fiscal year thereafter, the Director may collect an interim assessment for these respective funds, in an amount determined by the Director, to provide sufficient funding for these funds.(b) Any assessment collected under this section shall not reduce the amount to be collected in the subsequent year's assessments, except as provided by section 15608 of these regulations.(c) Any assessment collected under this section shall be included on the next annual report required under section 15606(g) of these regulations.Cal. Code Regs. Tit. 8, § 15611
Note: Authority cited: Sections 54, 55 and 62.5, Labor Code. Reference: Section 62.5, Labor Code.
Note: Authority cited: Sections 54, 55 and 62.5, Labor Code. Reference: Section 62.5, Labor Code.
1. New section filed 12-18-2003; operative 12-18-2003. Submitted to OAL for printing only (Register 2003, No. 51).
2. Amendment of subsection (a) filed 11-12-2008; operative 11-12-2008. Submitted to OAL for printing only (Register 2008, No. 46).
3. Amendment of subsection (a) filed 11-19-2009; operative 11-19-2009. Submitted to OAL for printing only (Register 2009, No. 47).
4. Amendment filed 7-24-2024; operative 7/24/2024. Submitted to OAL for filing and printing only pursuant to Labor Code section 62.5(f)(5) (Register 2024, No. 30).