Western Australian Numbered Acts

WORKERS COMPENSATION AND INJURY MANAGEMENT ACT 2023 (NO. 21 OF 2023) - SECT 230

230 .         Duration of licence

        (1)         An insurer licence may be granted for a fixed period determined by WorkCover WA or be granted to remain in force indefinitely.

        (2)         An insurer licence granted for a fixed period continues in force until the expiration of that period unless the licence is cancelled sooner.

        (3)         An insurer licence granted to remain in force indefinitely continues in force indefinitely unless and until it is cancelled or converted to a licence for a fixed period.

        (4)         WorkCover WA may, by direction in writing to a licensed insurer, convert the insurer’s licence from a licence granted to remain in force indefinitely to a licence granted for a fixed period specified in the direction.