164AMeaning of regulatory action—div 8.1.5

164A Meaning of regulatory action—div 8.1.5 In this division: licence means an insurer licence or a self-insurer licence. licensee means a licensed insurer or a licensed self-insurer. regulatory action, against a licensee, means any of the following actions: (a) including, amending, or revoking, a regulator condition on the licence; (b) suspending the licence for either a fixed period or until a particular event happens; (c) disqualifying the licensee from applying for another licence for a fixed period or until a particular event happens; (d) cancelling the licence.