Revocation of MLC Wealth Ltd self‑insurance licence

7 June 2021

The Commission has agreed to a request from MLC Wealth Limited to revoke its self-insurance licence. The revocation takes effect from 12.01am (Australian Eastern Standard Time) on 1 June 2021.

MLC Wealth Limited remains liable to pay compensation under the SRC Act for all compensable injuries of its employees during the licence period (13 April 2007 to 1 June 2021).