Lodge
Documentation to be lodged with your application includes:
- Evidence that you have a place of business in the Australian Capital Territory and that you are able to meet present and future claims
- Evidence that you have adequate reinsurance or other arrangements to cover your future liability
- A copy of your annual report and balance sheet for each of the previous three years
- Written agreement to allow the Minister to discuss your affairs and performance with Commonwealth and State Ministers responsible for workers compensation or corporate or prudential regulation
- Written agreement for an audit by the Minister (paid for by yourself) to establish that you have adequate resources to meet your current and expected liabilities
- A written statement that you will be able to meet your obligations in relation to injury management programs and personal injury plans.