General Publications
Department of Labour Annual Report 2006
Vote ACC
Output class: Regulatory services
Description
This output class includes meeting the residual long-term responsibilities of the Accident Insurance Regulator by managing the Crown’s ongoing risks resulting from the introduction of the competitive accident insurance market during 1999/2000.
This output class contributed to the following medium-term goal:
- Responsive labour market regulation supports economic and social development.
Activities
Activities carried out included:
- liaising with key stakeholders and responding to non-ministerial enquiries and complaints
- residual collection of non-compliers’ penalties
- residual information management and servicing information requests
- responding to any enquiries and complaints related to the competitive accident insurance market introduced in 1999/2000
- administering the Insolvent Insurers Fund, should this be invoked.
Performance information
Results measures
Performance standard
Performance to 30 June 2006
The Regulator will respond to complaints and enquiries within five days of receipt, including responding within five days of receipt to notices of insurers failing to comply with their obligation under the 1998 Act.
This year, the Regulator responded to all enquiries within five days
Activity information
Should any demand-driven activities be required of the Regulator, the Department will report to the Minister on their frequency and nature.
This year, the Regulator responded to three enquiries. These were reported to the Minister, as required.
General Publications
Department of Labour Annual Report 2006
There were no complex issues to be considered by the Regulator this year, which kept expenditure well below budget.