6Professional indemnity insurance—the Act, s 15

#### 6 Professional indemnity insurance—the Act, s 15 6 Professional indemnity insurance—the Act, s 15 > > (1) A licensee must, when carrying out conveyancing work, be insured under a policy of professional indemnity as required under subsection (2). > > > (2) The licensee is insured as required under this section if— > > > > > (a) the licensee is insured under an approved professional indemnity insurance policy in force with respect to the licensee or the licensee’s employer, or > > > > > (b) the licensee carries out conveyancing work only in the licensee’s capacity as an employee of a complying law practice. > > > (3) In this section— > > > > approved professional indemnity insurance policy means a policy, or a policy of a kind, that is approved by the Secretary for the time being by order published on the NSW legislation website. > > > > complying law practice has the same meaning as a law practice in the [Legal Profession Uniform Law (NSW)](/view/html/inforce/current/act-2014-16a) that complies with the relevant requirements of the Law, Part 4.4.