What is required for a company to be eligible to issue a company license for hoisting machinery?

For a company to be eligible to issue a company license for hoisting machinery, having a training program approved by the department is essential. This requirement ensures that the company is committed to safety standards and operational competence. An approved training program means that the company provides its employees with the necessary knowledge and skills to operate hoisting machinery safely and effectively. It demonstrates that the organization values proper training and adheres to regulations set forth by the relevant authority, which is critical in maintaining safety in operations involving heavy machinery.

The other options, while they may involve good practices, do not directly pertain to the eligibility criteria for issuing a company license. For instance, only using new machinery is not a requirement, as companies can use certified and well-maintained used machinery as long as it meets safety standards. Employing only licensed operators is important for safety, but the focus for company eligibility lies on training programs. While performing regular audits can enhance operational safety and compliance, it is not a prerequisite for a company license. The emphasis on an approved training program reflects the regulatory commitment to safety and proper handling of hoisting equipment.