WORKERS COMPENSATION REGULATION 2002 - REG 95 Cancellation or suspension of self-insurer licence by regulator—Act,
WORKERS COMPENSATION REGULATION 2002 - REG 95
Cancellation or suspension of self-insurer licence by regulator—Act, s 145U (g)(1) If the regulator decides to suspend or cancel a self-insurer's self-insurer licence the regulator must give written notice of the decision to the self-insurer, including when the suspension or cancellation takes effect.
Note The regulator's notice must comply with the requirements of the “b Compensation Act 1951">Act
, s 199A.
(2) A suspension or cancellation must not take effect earlier than 7 days after the day the self-insurer is told about the decision.
(3) If the regulator suspends a self-insurer licence, the self-insurer is, during the suspension—
(a) taken not to be a licensed self-insurer; and
(b) disqualified from applying for another self-insurer licence.
(4) The regulator may, at any time, by written notice to the
self-insurer, end or reduce the period of suspension of the self-insurer
licence.