Memorandum of Understanding
MOU between the Personal Injury Commission and SIRA
Memorandum of Understanding
A Memorandum of Understanding (MoU) between the Personal Injury Commission and State Insurance Regulatory Authority (SIRA) was agreed to by both parties on 27 July 2023.
The MoU sets out the agreed basis for engagement, including coordination, cooperation, and information sharing and will be implemented in accordance with the requirements of all applicable laws.
It provides for:
- cooperation and collaboration to assist each other to carry out their respective statutory powers and functions and to promote the regulation, administration and efficiency of the NSW workers' compensation and motor accidents schemes and the resolution of disputes under each of those schemes; and
- the exchange of certain information for the purposes of carrying out their respective statutory powers and functions.
The MoU does not diminish or otherwise affect the authority or independence of either the Commission or SIRA.
Click here to view the Memorandum of Understanding.