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WORKERS COMPENSATION REGULATION 2002 - REG 95A Compliance audits—Act, s 145J (d) and (f) and s 145U (d)

WORKERS COMPENSATION REGULATION 2002 - REG 95A

Compliance audits—Act, s 145J (d) and (f) and s 145U (d) and (e)

    (1)     The regulator may direct a compliance auditor to conduct a compliance audit of—

        (a)     a licensed insurer; or

        (b)     a licensed self-insurer.

Note     A fee may be determined under the href="http://www.legislation.act.gov.au/a/1951-2/default.asp" title="Workers Compensation Act 1951">Act

, s 221 for this provision.

    (2)     The compliance auditor must—

        (a)     conduct the compliance audit in accordance with any protocol approved by the regulator for the audit; and

        (b)     provide a written report to the regulator and the person audited, within the time set by the regulator.

Note     The person audited must comply with the requirements of the person conducting the audit (see s 73 and s 89).

    (3)     In this section:

"compliance audit" means an audit of—

        (a)     compliance with the title="A1951-2">Act

and this regulation; and

        (b)     for a licensed insurer—compliance with the conditions, under division 9.2, of a licence; and

        (c)     for a self-insurer—compliance with the conditions, under division 10.2, of a self-insurer licence; and

        (d)     compliance with a relevant protocol approved under section 101.

"compliance auditor" means a person appointed under section 95C to conduct a compliance audit.