24Disclosure statements for professional indemnity

24 Disclosure statements for professional indemnity insurance—Act, s 165 (5B) A disclosure statement must— (a) be in English or, if the client does not have a reasonable understanding of English, in another language of which the client has a reasonable understanding; and (b) state that the lawyer is covered by professional indemnity insurance, but that the insurance does not conform with the requirements for professional indemnity insurance applicable to local legal practitioners or interstate legal practitioners; and (c) if the insurance covers the lawyer for less than the relevant amount for the Act, section 165—state the amount for which the lawyer is covered by professional indemnity insurance; and (d) state the insurer by whom the insurance cover is provided; and (e) indicate whether or not the insurance is provided in conformity with the requirements of a corresponding foreign law or the requirements of a foreign registration authority.