Safety, Rehabilitation and Compensation Act 1988
Part VIII
FLEETMASTER SERVICES PTY LTD
NOTICE OF VARIATION OF LICENCE
Notice No 18 of 2014
Fleetmaster Services Pty Ltd, ABN 57 106 648 293, was declared to be eligible to be granted a licence under Part VIII of the Safety, Rehabilitation and Compensation Act 1988 (the SRC Act) by legislative instrument dated 16 October 2007, registered as F2007L04175 on the Federal Register of Legislative Instruments on 23 October 2007.
The Safety, Rehabilitation and Compensation Commission (the Commission), acting under sections 103 and 104 of the SRC Act, granted a licence to Fleetmaster Services Pty Ltd on 10 December 2008 with a commencement date of 1 April 2009 at 12.01am (Australian Eastern Standard Time) and a cessation date of midnight (Australian Eastern Standard Time) on 30 June 2011.
This grant was notified by Notice No. 1 of 2009 in Commonwealth Gazette No. GN10 on 18 March 2009.
The Licence was subsequently extended by the Commission on:
- 15 June 2011 by Notice No. 6 of 2011, Commonwealth Gazette No. GN 25 on 29 June 2011.
The Commission, acting under subsection 105(1) of the SRC Act, varies the scope of the abovementioned Licence as set out below.
Condition 6 of the Licence is omitted and replaced by the following:
6. For the purpose of any reconsiderations under Part VI of the SRC Act, except for reconsiderations of own motion of matters in respect of which the outcomes would be no less favourable to the employee than the original decisions, in respect of determinations made by the Licensee, the Licensee must arrange for the person specified below (“the Reviewer”) to carry out any reconsiderations of determinations on behalf of the Licensee:
The Reviewer: Insurance Australia Ltd trading as CGU Self Insurance Services
ABN 11 000 016 722
The Licensee is to enter into and maintain a written contract with the Reviewer for the performance of the Reviewer’s reconsideration function and if requested to do so, give a copy of the contract to the Commission.
The Commission, acting under subsection 108D(2) of the SRC Act, varies the conditions of the abovementioned Licence as set out below.
Substitute “Occupational Health and Safety Act 1991 (OHS Act)” with “Work Health and Safety Act 2011 (WHS Act)” in clause 9 and substitute all subsequent references to the “OHS Act” and “OHS” with the “WHS Act” and “WHS” respectively.
Prudential Condition 4.2(c) is replaced by the following:
(c) obtained from a corporation that is authorised by the Australian Prudential Regulatory Authority (APRA) to carry on:
(i) banking business in Australia under the Banking Act 1959 (Cth) and has an issuer credit rating of or equivalent to a Standard and Poor’s AA- or better; or
(ii) insurance business in Australia under the Insurance Act 1973 (Cth) and has an issuer credit rating of or equivalent to a Standard and Poor's AA- or better and a financial strength rating of or equivalent to a Standard and Poor’s AA- or better.
The variations take effect at 12:01am on 1 October 2014.
Dated the 1st day of October 2014.
Barry Sherriff
Chairperson
Safety, Rehabilitation and Compensation Commission