4Approved company to provide information to Minister

4 Approved company to provide information to Minister

4 Approved company to provide information to Minister

(1) The Minister may, by notice in writing given to an approved company, require the company to provide the Minister with any of the following information (including copies of relevant documents) that is specified in the notice—

(a) information on the status, terms of reference and membership of all board committees (including defunct or dissolved committees),

(b) copies of the following documents—

(i) the constitution of the company,

(ii) advice provided to the company in relation to the company’s workers compensation function under the Act (including the assumptions used for the advice) and documents detailing the underlying liabilities of workers compensation schemes (if any) administered by the company,

(iii) written contracts, memorandums of understanding or formal or informal arrangements entered into by the company (including drafts),

(iv) protocol or business procedure documents of the company the purpose of which is to ensure value for money and freedom from conflicts of interest in awarding contracts,

(v) trust deeds relating to the company (for example, trust deeds relating to a trust for which the company is a trustee or an appointer of trustees),

(c) details of current or past governance structures of the company,

(d) details regarding the company’s compliance or non-compliance with best practice corporate governance principles and policies, including compliance or non-compliance (if any) with AS/NZS ISO 9001:2016, Quality Management Systems—Requirements,

(e) details of attendance of directors at board and board committee meetings,

(f) minutes of board and board committee meetings (including decisions of the board and board committees and recommendations of a board committee to the board),

(g) copies of documents prepared for the consideration of the company’s board or a board committee,

(h) details of remuneration, allowances or other benefits paid to a director or other officer of the company,