Construction Practitioners Registration Amendment Regulations 2002 (No 1) (ACT)

Construction Practitioners Registration Amendment Regulations 2002 (No 1)

Subordinate Law SL2002-25

The Australian Capital Territory Executive makes the following regulations under the Construction Practitioners Registration Act 1998.

Dated 5 September 2002.

Simon Corbell

Minister

Bill Wood

Minister

Construction Practitioners Registration Amendment Regulations 2002 (No 1)

Subordinate Law SL2002-25

made under the

Construction Practitioners Registration Act 1998

1. Name of regulations

   These regulations are the Construction Practitioners Registration Amendment Regulations 2002 (No 1).

2. Commencement

   These regulations commence on the day after their notification day.

3. Regulations amended

   These regulations amend the Construction Practitioners Registration Regulations 1998.

4. Regulation 5 (2) to (6)

   substitute

5. 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.

6. In subregulation (2) (d)—

   costs and expenses means costs and expenses incurred with the insurer’s consent.

7. Regulation 10 (m)

   omit

   3 (2)

   substitute

   3A

Endnotes

Republications of amended laws

1. For the latest republication of amended laws, see type="1">

2. Notified under the Legislation Act 2001 on 17 September 2002.

   (see align="center">© Australian Capital Territory 2002