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Annual Report 2011/2012 Professional Standards Councils



Annual Report 2011/2012 Professional Standards Councils

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Tabled paper 112


Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT






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Professional Standards Council

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14 Professional Standards Councils Annual Report 2011-12 A u S tR A li A n C A P it A l te R R it o R y | n e w S o u th w A le S | n o R th e R n t e R R it o R y | Q u e e n S lA n d | S o u th A u S tR A li A | t A S m A n iA | V iC to R iA | w e S te R n A u S tR A li A ApprOVAL Of SCheMeS fOr OCCupATIONAL ASSOCIATIONS An occupational association may submit an application to the Professional Standards Councils for consideration of a Cover of Excellence scheme for the benefit of its members, and consumers of their professional services. The application for a scheme would indicate the relevant jurisdictions in which it is intended to operate which may include any of the eight States and Territories. The Professional Standards Councils must review a scheme proposal in accordance with the legislation before it can be recommended to the relevant State or Territory Minister for gazettal. Among other things, the Councils will consider: all comments and submissions made to the Councils regarding the scheme the position of persons who may be affected the nature and level of claims relating to occupational liability made against members of the association the risk management strategies of the association and the means by which the risk management strategies are intended to be implemented the cost and availability of insurance and the standards determined by the association concerned in relation to insurance policies. Prior to recommendation to the relevant Minister, the Councils will publicly notify the draft scheme. This allows members of the public, consumer groups, members of the association or any other interested parties to provide comments on the proposed scheme to the Councils for their consideration. Once gazetted, the scheme will limit the occupational liability of members of that association, in the relevant State or Territory. IMprOVeMeNT Of OCCupATIONAL STANdArdS Of prOfeSSIONALS Apart from assessing and approving Cover of Excellence schemes, the Councils are also responsible for monitoring the operation of schemes, including associations implementation of risk management plans. Risk management reports make up a significant part of associations statutory annual compliance reporting. Amongst other things, the associations annual risk management and compliance reports must include: the implementation and monitoring of their risk management strategies the effect of those strategies any changes made or proposed to be made to them. Since the introduction of the professional standards legislation, the associations through working with the Councils, have improved the rigour of their risk management plans. Councils have identified risk management as one of the areas where professionals can seek funding assistance under the Star Grants Program.