Meaning of prescribed insurance policy
4A Meaning of prescribed insurance policy
(1) A prescribed insurance policy is an insurance policy that:
(a) is in effect in respect of civil liability that may be incurred for anything done or omitted to be done in the course of providing architectural services; and
complies with any requirements prescribed by regulation.
(2) Without limiting subsection (1)(b), the regulations may provide for:
(a) the kinds of insurance policy by which a registered architect, or a class of registered architect, may be covered; and
(b) the amount of insurance by which a registered architect, or a class of registered architect, is required to be covered; and
(c) terms and conditions that may not be included in the insurance policy.
This provision refers to the regulations (prescribed by regulation
, the regulations may provide
). Made under this Act:
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