LEGAL PROFESSION ACT 2006 - SECT 311 Professional indemnity insurance for insurable legal practitioners
LEGAL PROFESSION ACT 2006 - SECT 311
Professional indemnity insurance for insurable legal practitioners(1) The relevant council must not grant or renew a practising certificate for an insurable legal practitioner unless satisfied that there is, or will be, in force in relation to the practitioner an approved indemnity insurance policy.
(2) For this section, the relevant council is entitled to accept any of the following as evidence that there is, or will be, an approved indemnity insurance policy in force in relation to an insurable legal practitioner:
(a) written advice from an insurer or insurance broker that an insurer has agreed to issue the policy;
(b) evidence that the premium for the policy has been received and accepted by the insurer for the issue of the policy;
(c) evidence prescribed by regulation for this section.