163ACertificate of currency

#### 163A Certificate of currency 163A Certificate of currency > > (1) In this section— > > > > certificate of currency means a certificate issued to an employer by the insurer under a policy of insurance obtained by the employer that certifies the period (not exceeding 4 months or such other period as may be prescribed by the regulations) from the date of its issue during which the employer is insured under the policy, being a certificate that— > > > > > (a) is in the form (if any) approved by the Authority, and > > > > > (b) states the nature of the business and the number of workers of the employer, and the amount of the wages estimated to be payable by the employer, in respect of which the premium for the policy was determined by the insurer, and > > > > > (c) states such other matters as the Authority may direct from time to time by notice in writing to insurers. > > > (2) An employer who is required to obtain a policy of insurance must, within 5 days of a request to do so by a person authorised under this section to make the request, produce a certificate of currency for inspection by the person that certifies that the employer is insured under the policy at that time. > > > > Maximum penalty—50 penalty units. > > > (3) The following persons are authorised to request an employer to produce the employer’s certificate of currency— > > > > > (a) an inspector (within the meaning of section 238 of the 1998 Act) or any other officer of the Authority authorised by the Authority to make such a request, > > > > > (b) an authorised industrial officer (within the meaning of Part 7 of Chapter 5 of the [Industrial Relations Act 1996](/view/html/inforce/current/act-1996-017)), > > > > > (c) any person who has, in the course of or for the purposes of the person’s trade or business, contracted with the employer for the employer to carry out the whole or part of any work that the person has undertaken, or who proposes to enter into such a contract. > > > > Note. > > > > Section 20 makes a principal liable to pay compensation for injured workers of a contractor if the contractor has not taken out a policy of insurance. > > > (4) The insurer under a current policy of insurance must, at the request of the employer insured under the policy, issue to the employer a certificate of currency with respect to the policy free of charge. The insurer may refuse to issue the certificate if the premium (or instalment of premium) for the policy is due and payable pursuant to a written demand for payment and has not been paid, or the employer is otherwise in default under the policy. > > > (5) A person who is insured under a policy of insurance at the time a request is made under subsection (2) for the production of a certificate of currency does not commit an offence against that subsection if the person satisfies the court that an attempt to obtain a certificate within 5 days of the request for production was not successful. > > > (6) A person who fraudulently alters a certificate of currency issued under this section is guilty of an offence. > > > > Maximum penalty—50 penalty units. > > > (7) An employer to whom a certificate of currency is issued under this section must notify the insurer within 7 days after the certificate is issued if the certificate contains an error as to the nature of the business, or the number of workers of the employer, in respect of which the premium for the policy was determined by the insurer. > > > > Maximum penalty—50 penalty units. > > > (8) The regulations may make provision for or with respect to— > > > > > (a) requiring the supply by an employer to an insurer of information relevant to the issue of a certificate of currency to the employer (including information relevant to the calculation of premium), and > > > > > (b) providing that an insurer is not required to issue a certificate of currency to an employer who has failed to supply information to the insurer as required by the regulations. > > > (9) A certificate of currency issued under this section is evidence of the matters that it certifies. > > **s 163A:** Ins 2000 No 87, Sch 13.2. Am 2013 No 47, Sch 2.44 \[1\].