New South Wales Repealed Regulations

This legislation has been repealed.

LEGAL PROFESSION REGULATION 2002 - REG 39

39 Insurable solicitors

(1) For the purposes of the definition of "insurable solicitor" in section 39 of the Act, a solicitor is required to be an insured solicitor if the solicitor holds a practising certificate which entitles the holder to practise as a solicitor on his or her own account.

(2) However, a solicitor is not required to be an insured solicitor:

(a) if the solicitor has given a written undertaking to the Law Society Council that the solicitor will not practise during the period to which the practising certificate relates otherwise than in the course of the solicitor’s employment by a body or person specified in the undertaking, or

(b) if the solicitor is exempted, or is a member of a class of solicitors which is exempted, from the requirement by the Law Society Council.

(3) Subclause (2) (a) does not apply in respect of a solicitor who is employed by an incorporated legal practice.

(4) The Law Society Council may exempt solicitors or classes of solicitors from the requirement to be insured on such grounds as the Council considers sufficient.