Queensland Consolidated Acts

WORKERS' COMPENSATION AND REHABILITATION ACT 2003 - SECT 105J

105J Return of section 84 security after cancellation

(1) This section applies if the non-scheme employer considers that all accrued, continuing, future and contingent liabilities of the non-scheme employer as a self-insurer have been discharged or adequately provided for.

(2) The non-scheme employer may, by written notice, ask the Regulator to return the balance of the non-scheme employer’s section 84 security.

(3) The Regulator must, within 60 business days after being given the request—

(a) return the balance; or

(b) if the Regulator considers that all accrued, continuing, future and contingent liabilities of the non-scheme employer as a self-insurer have not been discharged or adequately provided for—give the non-scheme employer a written notice refusing to return the balance and stating the reasons for the refusal.

(4) If the Regulator refuses to return the balance, the non-scheme employer may appeal under chapter 13 .

(5) In this section—

"return" includes relinquish.