(1) WorkCover WA may
monitor and review the workers compensation functions of licensed insurers to
determine whether those functions are being carried out effectively,
economically and efficiently and in compliance with this Act, the regulations
and any conditions of the insurer’s licence.
(2) WorkCover WA may
inspect the financial and other records of a licensed insurer for the purposes
of the performance of the functions of WorkCover WA under subsection (1).
(3) A person must not
obstruct or hinder a person performing a function of WorkCover WA under this
section as a delegate of WorkCover WA.
Penalty for this subsection: a fine of
$10 000.
(4) A licensed insurer
must provide all reasonable assistance to WorkCover WA or a delegate of
WorkCover WA for the purpose of facilitating the performance of functions of
WorkCover WA under this section.
(5) WorkCover WA may
publish reports and other information concerning a review under this
section as it thinks fit.