108CBoard may approve indemnity insurance policy

108C Board may approve indemnity insurance policy (1) The Board may approve an indemnity insurance policy or a type of indemnity insurance policy. (2) An approval under subsection (1) may provide that an indemnity insurance policy is an approved indemnity insurance policy if the policy: (a) complies with the conditions specified in the approval; or (b) is described in the approval by reference to the insurer and the number of the policy or is identified in the approval by other specified particulars, or both. (3) An indemnity insurance policy ceases to be an approved indemnity insurance policy if it ceases to comply with conditions set out in an approval under subsection (1). (4) An approval under subsection (1) may: (a) apply generally or be limited in its application by reference to exceptions or factors specified in the approval; or (b) apply differently according to different exceptions or factors specified in the approval.

Agents Licensing Act 1979 76 (5) The Board must publish any approval made under subsection (1) in