Workers Compensation Regulation 2002
84AApplication for self-insurer licence—Act, s 145U (a)
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84A Application for self-insurer licence—Act, s 145U (a) (1) An application for a self-insurer licence by an employer (the applicant) must contain or be accompanied by the following: (a) if the applicant is applying for a corresponding self-insurer licence—include evidence of the application; (b) if the applicant has a corresponding self-insurer licence— include evidence of the self-insurer licence and any conditions on the licence; (c) evidence that the applicant has unlimited reinsurance for a single event to cover the applicant’s existing and expected liability under the Act; (d) a copy of the applicant ’s audited financial statements (or, if it is not available, equivalent information) for each of the previous 3 years; (e) an actuarial report in accordance with subsection (3); (f) a guarantee from an authorised deposit-taking institution in favour of the DI fund for the guaranteed amount in a form that complies with any protocol relating to applying for a licence; Note The guaranteed amount is defined in s (4). (g) evidence that the applicant has in place an occupational health and safety management system that complies with any Australian or New Zealand standards in relation to safety mentioned in a protocol relating to applying for a licence; (h) any other information or evidence mentioned in a protocol relating to applying for a licence.