WORKERS COMPENSATION REGULATION 2002 - REG 79 Notice of proposed action against licensed insurer
WORKERS COMPENSATION REGULATION 2002 - REG 79
Notice of proposed action against licensed insurerIf the regulator proposes to take action (the proposed action ) mentioned in section 80 (2) in relation to an insurer, or to cancel the insurer licence, the regulator must give the insurer written notice—
(a) stating the proposed action; and
(b) stating the grounds for the proposed action; and
(c) inviting the insurer to make written representations, within a stated period of not less than 14 days after the day the insurer is given the notice, about why the proposed action should not be taken.