Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Commission may, on application made in accordance with section 102, grant the eligible applicant a licence for a specified period.
(2) If the Commission grants a licence to an eligible applicant, the Commission must determine:
(a) in accordance with Division 3--the scope of the licence so far as concerns the degree to which, and the circumstances in which, the licensee may accept liability for compensation; and
(b) in accordance with Division 4--the scope of the licence so far as concerns the degree to which, and the circumstances in which, the licensee is authorised to manage claims; and
(c) in accordance with Division 5--the conditions (if
any) to which the grant of the licence is subject.