WORKERS COMPENSATION REGULATION 2003 - REG 156 Approval of Premium Discount Advisers

This legislation has been repealed.

WORKERS COMPENSATION REGULATION 2003 - REG 156

156 Approval of Premium Discount Advisers

(1) The Authority may on application approve any of the following ( "the applicant") as a Premium Discount Adviser in accordance with the Premium Discount Guidelines:

(a) an individual,

(b) a body corporate,

(c) a group consisting of a combination of individuals or bodies corporate or both (including a partnership or other unincorporated association).

(2) The Authority may not approve an applicant as a PDA unless:

(a) the applicant has an Australian Business Number, and

(b) the applicant has provided to the Authority such information as the Authority may reasonably require in order to assess the applicant's suitability to be a PDA and the character of the applicant's proposed members, and

(c) the Authority is satisfied that:

(i) the applicant is suitable to be a PDA, and

(ii) the applicant, and each of the applicant's proposed members, is of good character.

(3) For the purpose of assessing whether an applicant is suitable to be a PDA and the character of the applicant's proposed members, the Authority may make such inquiries and undertake such investigations about the applicant, and each of the applicant's proposed members, as it thinks fit.

(4) In this clause, "proposed member", in relation to an applicant, has the same meaning as "member" has in relation to a PDA.