Licensed Surveyors Act 1909

The Board may, with the approval of the Governor, make regulations under section 26 concerning indemnity against loss arising from claims in respect of any description of civil liability incurred by —

a licensed surveyor or former licensed surveyor in connection with the practice of the licensed surveyor or former licensed surveyor; or

an employee or former employee of a licensed surveyor or former licensed surveyor in connection with the practice of the licensed surveyor or former licensed surveyor; or

a licensed surveyor or former licensed surveyor in the course of practising as a licensed surveyor.

For the purpose of providing the indemnity referred to in subsection (1), regulations referred to in that subsection may —

authorise or require the Institute to make arrangements with one or more insurers for the provision to licensed surveyors and former licensed surveyors of professional indemnity insurance and may authorise the Institute to do such acts and things as may be necessary or expedient for giving effect to those arrangements; and

require licensed surveyors or former licensed surveyors, or any prescribed category of licensed surveyor or former licensed surveyor, to take out and maintain professional indemnity insurance in accordance with —

the requirements of those regulations; and

the arrangements made under those regulations or a scheme or policy of insurance approved by or under those regulations.

Without limiting the generality of subsections (1) and (2), regulations referred to in subsection (1) may —

specify the terms and conditions on and subject to which professional indemnity insurance is to be provided, including the amounts of insurance cover to be taken out and maintained by —

licensed surveyors or former licensed surveyors; or

prescribed categories of licensed surveyor or former licensed surveyor,

specify classes or categories of licensed surveyor or practice to which different provisions or obligations under those regulations may apply; and

empower the Board to refuse to renew a practising certificate except to a licensed surveyor who —

satisfies the Board that the licensed surveyor holds a valid current certificate of insurance for the category of practice in which the licensed surveyor intends to engage; or

is exempt under those regulations;

empower the Board to suspend the licence of a licensed surveyor until the licensed surveyor —

satisfies the Board that the licensed surveyor holds a valid current certificate of insurance for the category of practice in which the licensed surveyor intends to engage; or

is exempt under those regulations;

specify circumstances in which licensed surveyors or former licensed surveyors are exempt from those regulations or empower the Board to exempt any licensed surveyor or former licensed surveyor or class of licensed surveyor or former licensed surveyor in whole or in part from any provision of those regulations either for a specified or indefinite period or subject to any condition which may be imposed by the Board; and

empower the Board to vary or revoke any exemption made by the Board under those regulations; and

empower the Board to take such steps as it considers necessary or expedient to ascertain whether or not those regulations are being complied with; and

contain incidental, procedural and supplementary provisions.