(1) In section 148(3)(b)(ii) of the Accident Compensation Act 1985 , after "subsidiaries" insert "in relation to compensation payable under section 147 and compensation in respect of tail claims assumed by a self-insurer under section 150 or 150A".
(2) After section 148(5) of the Accident Compensation Act 1985 insert —
"(6) In this section " tail claim "means—
(a) any claim for which an employer has assumed the liability for, and the responsibility for management of, under section 150; and
(b) any claim of a body corporate acquired by an employer for which the employer has assumed liability for, and responsibility for management of, under section 150A.".