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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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Tabled papers

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Professional Standards Council

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67Professional Standards Councils Annual Report 201112 prOTeCTION Of perSONAL INfOrMATION ANd reCOrdS MANAgeMeNT Personal information is not held or collected by the Council. Decisions of the Council to approve Cover of Excellence schemes are made by consideration of an associations individual application, independent actuary advice and within the confines of the legislative requirements of schemes. A copy of the application form required of associations, along with application guidelines, can be accessed on Councils website at www.psc.gov.au. A large amount of information is requested of associations when completing an application for a scheme. This information includes insurance data about the level and nature of claims, insurance data from the previous 10 years concerning the highest claims and types of claims, risk management strategies of the association, education and other qualification requirements, COE and codes of conduct and ethics. Sound record keeping practices underpin good governance. The Council has a system in place to ensure the accurate storage, capture and retrieval of documents as required by the Act. pubLIC INTereST dISCLOSure ACT There were no public interest disclosures for the period 2011-12. fINANCIAL perfOrMANCe The Professional Standards Council of the NT is not responsible for compiling financial statements. The OPSC is responsible for ensuring the collection of revenue and operating within budget. During the reporting period, the OPSC undertook these tasks. Refer to the Consolidated Financial Performance Extract of the Professional Standards Councils at the beginning of this section, for revenue of the Professional Standards Council of the NT and the proportion of expenses for this Council. F in a n c ia l r e p o r t s