(1) The Authority must not refuse to approve an employer as a self-insurer unless the Authority has given not less than 28 days notice in writing to the employer stating—
(a) the Authority's intention to refuse approval; and
(b) the reasons for the intended refusal; and
(c) that the employer may, within 28 days after receiving the notice, make a submission in writing to the Authority in further support of the application.
(2) If, within the time allowed under subsection (1)(c), the Authority receives a written submission from the employer in further support of the application, the Authority must—
(a) consider the submission before deciding whether or not to refuse to approve the employer as a self-insurer; and
(b) give notice in writing to the employer of its decision.