Australian Capital Territory Repealed Regulations

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This legislation has been repealed.

CONSTRUCTION PRACTITIONERS REGISTRATION REGULATIONS 1998 (REPEALED) - REG 5

Insurance for practitioners registered as building surveyors

    (1)     For the Act, section 3A, this regulation prescribes the particulars of insurance to be held by a person who is, or is applying to be, registered as a principal building surveyor or building surveyor, for the person to be covered by insurance.

    (2)     The insurance must be professional indemnity insurance that provides—

        (a)     indemnity against claims for breach of professional duty as a certifier; and

        (b)     a minimum limit of indemnity of $1 000 000 for any 1 claim; and

        (c)     a minimum limit of indemnity of $1 000 000 for the total of all claims against the insured made in the period of cover; and

        (d)     in addition to the indemnities mentioned in paragraphs (b) and (c), a minimum limit of indemnity for the costs and expenses of defending or settling a claim of 20% of the limit of indemnity for the claim.

    (3)     A person applying to be registered as a principal government building surveyor or government building surveyor, who is not registered, or applying to be registered, in another category, is taken to be covered by insurance for this Act, whether or not the person holds insurance mentioned in subregulation (2).

    (4)     A person registered as a principal government building surveyor or government building surveyor, who is not registered, or applying to be registered, in another category, is taken to be covered by insurance for this Act when the person is doing work as a government certifier, whether or not the person holds insurance mentioned in subregulation (2).

    (5)     In this regulation:

"costs and expenses", for subregulation (2) (d), means costs and expenses incurred with the insurer's consent.

"government certifier"—see the Building Act 1972 , section 29A.



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