(1) An electrical contractor's licence is not to be issued or renewed unless the Administrator is satisfied that (a) the applicant holds a current policy of insurance as required by the relevant notice published under section 27 of the Act; 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.(2) The Administrator may (a) require the holder of an electrical contractor's licence, by notice in writing provided to the holder, to produce to the Administrator 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, by notice in writing provided to the former holder, to produce to the Administrator evidence that he or she complied with subregulation (1) when that licence was in force.(3) The holder or former holder of an electrical contractor's licence must comply with a requirement made to the holder, or former holder, under subregulation (2) within such time, being not less than 7 days, as the Administrator specifies in the notice containing the requirement.Penalty: In the case of (a) a body corporate, a fine not exceeding 25 penalty units; or(b) a natural person, a fine not exceeding 10 penalty units.