24Registered building practitioners to be indemnified

#### 24 Registered building practitioners to be indemnified 24 Registered building practitioners to be indemnified > > (1) A registered building practitioner must not— > > > > > (a) provide a building compliance declaration or do related building work, or > > > > > (b) hold out that the practitioner is adequately insured with respect to the provision of the declaration or doing the 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 building 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 building 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. > > > (4) The regulations may exempt a practitioner or class of practitioner from the operation of this section.