16Insurance

16 Insurance

[Section 16 Substituted by No. 9 of 1956, s. 2 ][Section 16 Subsection (5) amended by No. 55 of 1965, s. 5 ][Section 16 Subsection (6), formerly (5), renumbered by No. 41 of 1961, s. 5 and Sched. 4 ][Section 16 Substituted by No. 32 of 2020, s. 10, Applied:01 Nov 2023]

(1)  The Board is not to register a person as an architect, or renew the registration of a person as an architect, unless the Board is satisfied that the person has a sufficient level of professional indemnity insurance.

(2)  Subsection (1) does not apply in relation to a person who is to be registered, or re-registered as an architect, in a class of registration to which a determination under subsection (5) relates.

(3)  A person who is required under subsection (1) to have a sufficient level of professional indemnity insurance must notify the Board of any significant change in his or her professional indemnity insurance within 7 days of that change occurring.

(4)  Without limiting the circumstances in which the Board may be satisfied that a person has a sufficient level of professional indemnity insurance, a person is taken, for the purposes of this Act, to have a sufficient level of professional indemnity insurance if –

(a) he or she is employed or engaged by a company, firm or authority to carry out architectural work; and

(b) an insurance policy held by that company, firm or authority covers that work.

(5)  The Board may determine that all architects who are registered in a class of registration specified in the determination are not required to have a sufficient level of professional indemnity insurance.