155Information for licensed insurers on application for issue

155 Information for licensed insurers on application for issue or renewal of policies (1) This section applies if an employer applies to a licensed insurer for the issue or renewal of a compulsory insurance policy for a particular period (the proposed insurance period). (2) The employer must give the licensed insurer, with the application, a statement of the employer’s estimate for the proposed insurance (3) The employer must give the licensed insurer, with the application, a statement of the employer’s estimate for the proposed insurance (4) A statement of the employer’s estimate may be signed for the employer by any of the following: (5) An offence against subsection (3) is a strict liability offence.

employer’s estimate, for a proposed insurance period, means the employer’s estimate of the following: (a) the number of territory workers in each determined category to be employed by the employer in the period; (b) the total wages to be paid to territory workers in each determined category in the period; (c) the number of paid and unpaid workers who will work for the employer in the period; (d) the approximate amount of time each paid and unpaid worker will work for the employer in the period.