Northern Territory Numbered Acts

PROFESSIONAL STANDARDS AMENDMENT ACT 2007 (NO 2 OF 2007) - SECT 5

Section 22

repeal, substitute

22.     Limitation of liability by insurance arrangements

    A scheme may provide that if a person to whom the scheme applies and against whom a proceeding relating to occupational liability is brought is able to satisfy the court that:

    (a)     the person has the benefit of an insurance policy insuring the person against the occupational liability to which the cause of action relates; and

    (b)     the amount payable under the policy in respect of that occupational liability is not less than the amount of the monetary ceiling specified in the scheme in relation to the person;

the person is not liable in damages in relation to that cause of action above the amount of the monetary ceiling.