Records
53 Records
The rules may require a medical indemnity insurer to keep records relating to the following:
a refusal by the insurer to enter into a contract of insurance with a medical practitioner to provide professional indemnity cover;
a requirement by the insurer that a medical practitioner pay a risk surcharge.
Failure to keep the records is an offence (see section 53A).
Records required by the rules must be retained for a period of 5 years (or any other period specified in the rules) starting on the day on which the records were created.
Failure to retain the records is an offence (see section 53A).
This Act’s bill:Explanatory memorandumSecond reading speech
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