Proposal

1. This paper seeks Cabinet's decisions on ACC levy rates for the composite average work levy, composite Earners' Account levy and composite average Motor Vehicle Account levy and related policies, so that regulations can be promulgated.

2. The proposed rates for the composite work levy and the composite Earners' Account levy are for the period 1 April 2010 to 31 March 2011. The composite Motor Vehicle Account levy rates apply from 1 July 2010 to 30 June 2011.