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Annual Report 2011-12 - Parliament of Western Australia

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Cover <strong>of</strong> Excellence ® schemes 25<br />

How do Cover <strong>of</strong> Excellence ® schemes work? 25<br />

What are the steps to apply for a Cover <strong>of</strong> Excellence ® scheme? 25<br />

The balance between limited liability and consumer protection 26<br />

Implementation <strong>of</strong> associations’ risk management plans 26<br />

How do Cover <strong>of</strong> Excellence ® schemes help protect consumers? 26<br />

What does mutual recognition <strong>of</strong> schemes mean? 27<br />

How does the Commonwealth Government prescribe Cover <strong>of</strong> Excellence ® schemes? 27<br />

Compliance reporting on risk management 29<br />

<strong>Australia</strong>n Capital Territory | New South Wales | Northern Territory | Queensland | South <strong>Australia</strong> | Tasmania | Victoria | <strong>Western</strong> <strong>Australia</strong><br />

Compliance reporting – national associations 30<br />

<strong>Australia</strong>n Capital Territory – summary data 33<br />

Compliance reports by associations 34<br />

New South Wales – summary data 35<br />

Compliance reports by associations 38<br />

Northern Territory – summary data 44<br />

Compliance reports by associations 45<br />

Queensland – summary data 46<br />

Compliance reports by associations 47<br />

South <strong>Australia</strong> – summary data 49<br />

Compliance reports by associations 50<br />

Tasmania – summary data 51<br />

Compliance reports by associations 51<br />

Victoria – summary data 52<br />

Compliance reports by associations 54<br />

<strong>Western</strong> <strong>Australia</strong> – summary data 57<br />

Compliance reports by associations 58<br />

Financial and statutory reporting for the Pr<strong>of</strong>essional<br />

Standards Councils<br />

Consolidated financial performance extract <strong>2011</strong>-<strong>12</strong> 59<br />

The Pr<strong>of</strong>essional Standards Council <strong>of</strong> the <strong>Australia</strong>n<br />

Capital Territory 62<br />

Constitution <strong>of</strong> the Council 62<br />

Major legislative changes 62<br />

Risk management and internal audit 62<br />

Public interest disclosure 62<br />

Freedom <strong>of</strong> information 62<br />

Organisation and functions 63<br />

2 Pr<strong>of</strong>essional Standards Councils <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>-<strong>12</strong>

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