Insurance
16 Insurance
The Board is not to register a person as an architect, or renew the registration of a person as an architect, unless the Board is satisfied that the person has a sufficient level of professional indemnity insurance.
Subsection (1) does not apply in relation to a person who is to be registered, or re-registered as an architect, in a class of registration to which a determination under subsection (5) relates.
A person who is required under subsection (1) to have a sufficient level of professional indemnity insurance must notify the Board of any significant change in his or her professional indemnity insurance within 7 days of that change occurring.
Without limiting the circumstances in which the Board may be satisfied that a person has a sufficient level of professional indemnity insurance, a person is taken, for the purposes of this Act, to have a sufficient level of professional indemnity insurance if – he or she is employed or engaged by a company, firm or authority to carry out architectural work; and an insurance policy held by that company, firm or authority covers that work.
The Board may determine that all architects who are registered in a class of registration specified in the determination are not required to have a sufficient level of professional indemnity insurance.
This Act’s bill:Explanatory notesSecond reading speech
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