INSURANCE COMMISSION OF WESTERN AUSTRALIA ACT 1986

Table of Provisions

• Long Title

PART I -- Preliminary  

• 1 Short title
 
• 2 Commencement
 
• 3 Terms used
 
• 3A Eligible community organisations

PART II -- Insurance Commission of Western Australia

Division 1 -- The Commission and the board of commissioners  

• 4 Insurance Commission of Western Australia: corporate identity and status
 
• 4A Agent of Crown
 
• 5 Board of commissioners

Division 2 -- Functions and powers of the Commission  

• 6 Functions
 
• 7 Powers
 
• 8 Commission to act efficiently and economically
 
• 9 Delegation
 
• 10 Directions by Minister
 
• 10A Minister to have access to information
 
• 10B Confidential information

Division 3 -- Staff of the Commission  

• 11 Managing director
 
• 12 Appointment of staff and consultants
 
• 12A Status of managing director and officers and employees of Commission
 
• 13 Use of staff and facilities of departments and instrumentalities
 
• 13A Use of staff and facilities of insurer
 
• 14 Superannuation

Division 3A -- Strategic development plan and statement of corporate intent  

• 14A Duty to observe policy instruments
 
• 14B Strategic development plan and statement of corporate intent
 
• 14C Laying directions about strategic development plan or statement of corporate intent before Parliament

Division 4 -- Financial provisions relating to the Commission

• 15 Moneys available to Commission
 
• 16 Establishment and composition of Funds
 
• 17 Apportionment of income, expenditure and assets
 
• 18 Transfer between Funds
Subdivision Aa -- Investment and property management  
• 19 Arrangements for appointment of investment managers
 
• 19A Investment policy
Subdivision B -- Financial administration, audit and reporting  
• 20 Application of Financial Management Act 2006 and Auditor General Act 2006 to Commission
 
• 21 Provisions and reserves
 
• 22 Accounts
 
• 23 Annual reports, financial statements
Subdivision C -- Borrowing and financial accommodation  
• 24 Power to borrow etc., generally
 
• 25 Power to make provision to pay off loans
 
• 26 Borrowing power, from Treasury sources
 
• 27 Specific State guarantees
Subdivision D -- Dividends to State  
• 28 Interim dividend
 
• 29 Annual dividend
 
• 30 Provisions for s. 28 and
  31. Transitional provisions for Insurance Commission of Western Australia Amendment Act 2013: interim dividends  
• 32 Transitional provisions for Insurance Commission of Western Australia Amendment Act 2013: annual dividends

PART IV -- General  

• 42 Secrecy
 
• 43 Execution of documents and entry into contracts
 
• 44 Exemption of certain public authorities from workers’ compensation insurance requirements
 
• 45 Regulations

PART V -- Repeal, amendments, saving, validation and transitional  

• 46 Repeal and amendments
 
• 47 Saving, validation and transitional provisions
 
• 48 Oversight by Public Accounts Committee
• SCHEDULE 1 -- Provisions as to commissioners  
• SCHEDULE 4 -- Saving, validation and transitional provisions