14Registered principal design practitioners to be indemnified

#### 14 Registered principal design practitioners to be indemnified 14 Registered principal design practitioners to be indemnified > > (1) A registered principal design practitioner must not— > > > > > (a) provide a principal compliance declaration or do other work for the purposes of this Act, or > > > > > (b) hold out that the practitioner is adequately insured with respect to the provision of the declaration or that work, > > > > unless the practitioner is adequately insured with respect to the declaration and work. > > > > Maximum penalty—300 penalty units (in the case of a body corporate) or 100 penalty units (in any other case). > > > (2) For the purposes of this section, a registered principal design practitioner is adequately insured with respect to a declaration and work if the practitioner— > > > > > (a) is indemnified by insurance that complies with the regulations against any liability to which the practitioner may become subject as a result of providing the declaration or doing the work, or > > > > > (b) is part of some other arrangement approved by the regulations that provides indemnity against the liability. > > > (3) It is a condition of registration that a registered principal design practitioner must provide to the Secretary, in the time specified by the Secretary, information that the Secretary may require to satisfy the Secretary that the practitioner is adequately insured in accordance with this section.