Following the public notification period, the Councils will review your application and any submissions received, and consider how your proposed civil liability limits could affect consumers and others.
Other matters the Councils will consider under professional standards legislation include:
- The nature and level of claims against your association
- Your risk management strategies and how you plan to implement them
- Your standards of insurance
- The cost and availability of insurance.
The Councils meet regularly throughout the year. Only applications received at least three weeks prior to a meeting will be eligible for presentation, but the actual time it takes for your application to be presented will depend on how much analysis needs to be carried out on it.
We’ll notify you of the Councils’ decision within three working days of the meeting. If your application is approved, you’ll go on to Step 7. If not, your Professional Standards Scheme Manager will work with you to address the Councils’ queries or concerns, so you can revise and re-submit your application.