(1) Any payment made before the commencing day in respect of a liability of the Commonwealth under the 1912 Act, the 1930 Act or the 1971 Act for an injury suffered by an employee shall, on and after that day, be deemed to have been made by the Commonwealth in respect of its corresponding liability to make such a payment under this Act for that injury.
(2) Without limiting the generality of subsection (1), any payment referred to in that subsection that had effect as a redemption of a liability of the Commonwealth referred to in that subsection, has effect as a redemption under section 30 of its corresponding liability under this Act.