84BCriteria for issuing self-insurer licence—Act, s 145U (b)

84B Criteria for issuing self-insurer licence—Act, s 145U (b) The regulator may issue a self-insurer licence to the applicant only if satisfied— (a) the applicant for the licence— (i) is financially and prudentially sound; and (ii) if licensed, will— (A) be able to meet the applicant’s existing and expected liabilities as a self-insurer under the Act; and (B) be able to meet the applicant’s obligations as a self-insurer under the Act in relation to injury management programs and personal injury plans; and (C) be able to comply with the applicant’s health and safety duties under the Work Health and Safety Act 2011; and (D) comply with the conditions on the self-insurer licence; and (b) the issue of the self-insurer licence will not adversely affect the operation of the workers compensation scheme under the Act.