Regulation 8 of the Principal Regulations is amended by omitting subregulation (3) and substituting the following subregulations:

(3)  An electrical contractor's licence is not to be issued or renewed unless the Regulator is satisfied that  –

(a) the applicant holds a current policy of insurance as required by subregulation (1) ; and

(b) the term of the policy extends into, for or beyond the term for which the licence is sought to be issued or renewed.

(4)  The Regulator may, in writing –

(a) require the holder of an electrical contractor's licence to produce to the Regulator evidence that the holder is, or was at a particular time, complying with subregulation (1) ; or

(b) require the former holder of an electrical contractor's licence to produce to the Regulator evidence that the former holder complied with subregulation (1) when that licence was in force.

(5)  The holder or former holder of an electrical contractor's licence must comply with a requirement under subregulation (4) within such time, of not less than 7 days, as the Regulator specifies in the document containing the requirement.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 50 penalty units; and

(b) an individual, a fine not exceeding 25 penalty units.

(6)  If the holder of an electrical contractor's licence fails to comply with a requirement under subregulation (1) , the Regulator may, in addition to or instead of any other action that may be taken in relation to the non-compliance, suspend the licence until the holder does so comply.