Australian Capital Territory Numbered Regulations

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WORKERS COMPENSATION AMENDMENT REGULATION 2011 (NO 1) (NO 27 OF 2011) - REG 7

New section 73A

insert

73A     Insurer to provide information and pay costs of audit

It is a condition of an insurer's approval that the insurer, for a compliance audit or financial audit under part 10A—

        (a)     complies with the reasonable requirements of the person conducting the audit; and

        (b)     allows the person conducting the audit access to the information reasonably required to conduct the audit; and

        (c)     pays any fee for the audit that is not more than the determined fee.

Note     The Minister may approve a protocol about how a person who is subject to an audit must participate in the audit (see s 101 (2) (b) and (c)).



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