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LEGAL PROFESSION ACT 2004 - SECT 98
Requirement for professional indemnity insurance
98 Requirement for professional indemnity insurance
(1) An
interstate legal practitioner must not engage in legal practice in
this jurisdiction, or represent or advertise that the practitioner is entitled
to engage in legal practice in this jurisdiction, unless the practitioner: (a)
is covered by professional indemnity insurance that: (i) covers legal practice
in this jurisdiction, and
(ii) has been approved under or complies with the
requirements of the corresponding law of the practitioner’s
home jurisdiction, and
(iii) is for at least $1.5 million (inclusive of
defence costs),
unless (without affecting subparagraph (i) or (ii)) the
practitioner engages in legal practice solely as or in the manner of a
barrister, or
(b) is employed by a corporation or by a prescribed body, other
than an incorporated legal practice, and the only legal services provided by
the practitioner in this jurisdiction are in-house legal services.
Maximum
penalty: 100 penalty units.
(2) Subsection (1) does not apply to an
interstate legal practitioner who: (a) is a government lawyer as defined in
section 114, and
(b) is engaged in legal practice in this jurisdiction only
to the extent that the practitioner is engaging in government work, and
(c)
has an indemnity or immunity (whether provided by law or governmental policy)
that is applicable in respect of that legal practice.
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