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NSW abandons Co-Regulatory Partnership Date 09/12/15 | Category: Latest News

In the wake of the scathing ICAC Report on Corruption in the Provision of Security Industry Training, the NSW Government has announced that it will abandon the co-regulatory approach in favour of the Security Industry Registry (SIR) assuming the role of principal regulatory body.

The changes include:

  • The SIR will be renamed the Security Licensing & Enforcement Directorate (SLED) and take on a greater regulatory and enforcement role. It will become part of the NSW Police Force’s State Crime Command.
  • The security industry will fully fund the additional $4.7 million required for SLED to perform its new regulatory functions.
  • Master licensees will no longer be required to be members of an Approved Security Industry Association – this requirement will come into effect once the legislative changes have been passed by Parliament (anticipated to be in the next 3-6 months).

Above News Source = ASIAL website 2010