Section 803. (a) (1) The department shall, in accordance with section 802, review, approve or disapprove fund applications under such rules and requirements relating to applications under section 305 and the Occupational Disease Act as may be applicable and such rules and regulations as are specifically adopted with regard to fund applications.
(2) During the pendency of the processing of any fund application, the group of employers shall not operate as a fund.
(b) Permits shall identify an annual reporting period for the fund as established by the department.
(803 added July 2, 1993, P.L.190, No.44)