STU
NL · WorkplaceNL Act (injury compensation) · Article 122 · clause 122 · SNL2022 c W-11.1

PART XI INJURY FUND AND ASSESSMENTS — Account status requests

122

(1) Where a person requests information respecting the account status of an employer, the commission may disclose the account status by electronic means.

122(2)

The commission may charge a fee for the provision of account status requested under subsection (1) and may establish different fees or waive fees for different categories of persons requesting information under that subsection.

122(3)

A request under subsection (1) shall be accompanied by the information required by the commission to identify the transaction concerning which the request is being made.

122(4)

Where a request is made by legal counsel, the commission shall provide the requested account status to the legal counsel not more than 21 days after the commission receives the request.

122(5)

Where the commission does not provide the account status to the legal counsel who requested it within 21 days of receiving the request and a transaction for which that request was made is completed after that 21 day period but before the commission provides the account status,

122(a)

the assets included in that transaction shall be considered to be free and clear of a lien imposed under this Act; and

122(b)

a security interest included in that transaction shall have priority over a lien imposed under this Act.

122(6)

An account status provided by the commission to a legal counsel under this section shall only be valid for 45 days after that account status has been provided to the legal counsel who made the request.

Not legal advice. Verify the cited article against the signed agreement.