3
In forceInterpretation
3 Interpretation
In these regulations—
Act means the Conveyancers Act 1994;
approved scheme means the professional indemnity insurance scheme approved by the Commissioner for the purposes of these regulations;
BSB number (Bank State Branch number) means the number assigned to identify a particular branch of a particular
ADI;
professional indemnity insurance means insurance against civil liability arising in connection with carrying on business as a conveyancer (whether the liability arises from an act or omission on the part of the insured conveyancer or some other person).
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