101Granting, &c., of licences

### 101 Granting, &c., of licences > *\[Section 101 Substituted by No. 16 of 1995, s. 67 \]* > > > (1)  The Board may, subject to [subsection (2)](#GS101@Gs2@EN) , by notice in writing served on the insurer, grant or refuse to grant the licence. > > > (2)  The Board is not to grant a licence to an insurer unless it is satisfied that – > > > > > > (a) the insurer will provide the necessary insurance service, including the ability to meet time limits imposed by this Act; and > > > > > > > (b) the insurer will set premiums which reflect – > > > > > > > > > > (i) the claims experience of an employer; and > > > > > > > > > > > (ii) an employer's commitment to workplace health and safety; and > > > > > > > > > > > (iii) an employer's agreement to provide suitable alternative duties to injured workers; and > > > > > > > (c) the insurer is financially viable; and > > > > > > > (d) the insurer will commit an appropriate level of resources to manage claims for compensation under this Act in a manner which furthers the objective of rehabilitating injured workers; and > > > > > > > (e) the insurer will involve an employer in the management of claims for compensation under this Act; and > > > > > > > (f) the insurer will provide the statistical and other information required or likely to be required under this Act; and > > > > > > > (fa) [*\[Section 101 Subsection (2) amended by No. 85 of 2009, s. 39, Applied:01 Jul 2010\]*](/view/html/inforce/2010-07-01/act-2009-085#GS39@EN) the insurer is capable of complying with [Part XI](#HPXI@EN) and any regulations or guidelines for the purposes of that Part; and > > > > > > > (g) the insurer will meet such other criteria as may be prescribed.