NSWIn ForceAct
Conveyancers Licensing Act 2003
15Special condition requiring professional indemnity insurance
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#### 15 Special condition requiring professional indemnity insurance
15 Special condition requiring professional indemnity insurance
> > (1) The regulations may make provision for or with respect to requiring the holder of a licence to be insured under a policy of professional indemnity insurance in force with respect to the licensee or his or her employer. It is a condition of a licence that the holder of the licence be insured as required by any such regulations.
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> > (2) In particular, the regulations may require that the policy of insurance be a policy, or a policy of a kind, that is approved by the Minister for the time being by order published on the NSW legislation website.
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> > (3) An order may provide that a policy is an approved policy if the policy complies with either or both of the following—
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> > > (a) the policy complies with the conditions set out in the order,
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> > > (b) the policy is described in the order by reference to the insurer and the number of the policy or is identified in the order by other specified particulars.
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> **s 15:** Am 2013 No 111, Sch 3.8.