Lump Sum Compensation : A one-off, non-taxable payment to compensate for permanent impairment resulting from an injury covering injuries occurring on or after 1 April 2002
Ministry of Business, Innovation and Employment, Glossary of terms and acronyms, Wellington, New Zealand 2010. http://wwwsosh.govt.nz/resources/glossary-u.shtml, (Occupn Hlth and Sfty - Brit) {530}