Date amended:

The following table is a quick reference guide to assist delegates in determining which methodology applies for MRCA PI claims received before and after 1 July 2013.

 

If…

 

 

Apply…

 

 

Date of effect and date of PI claim are both prior to 1 July 2013

 

Old

 

 

Date of effect and date of PI claim are both on/after 1 July 2013

 

 

New

 

Date of PI claim is after 1 July 2013 and date of effect prior to 1 July 2013

 

 

New

 

Date of PI claim is prior to 1 July 2013 and date of effect on/after 1 July 2013 and:

  • the new methodology will increase the client's PI compared to the old methodology

 

 

 

New

 

Date of PI claim is prior to 1 July 2013 and date of effect on/after 1 July 2013 and:

  • the new methodology will reduce the client's PI compared to the old methodology

 

 

Old

Note: Please see the Compensation Claims Procedures manual for the methodology to apply in relation to PI claims made:

  • before 1 July 2013, and
  • on and after 1 July 2013.

Note: Please see chapter 12.7.2 for more information about each of the steps contained within chapter 25 of GARP M (to apply in relation to PI claims made on and after 1 July 2013).