Conveyancers Licensing Amendment (Approved Professional Indemnity Insurance Policy) Order 2019 (NSW)

New South Wales

Conveyancers Licensing Amendment

(Approved Professional Indemnity Insurance

Policy) Order 2019

under the

Conveyancers Licensing Act 2003

I, the Commissioner for Fair Trading, Department of Finance, Services and Innovation, in pursuance of clause 6 (2) (a) of the Conveyancers Licensing Regulation 2015, make the following Order.

Dated, this 13th day of June 2019.

ROSE WEBB

Commissioner for Fair Trading, Department of Finance, Services and Innovation

Explanatory note

The object of this Order is to approve, from 1 July 2019 until 30 June 2020, specified policies of professional indemnity insurance of Vero Insurance and Allianz Australia Insurance Limited for the purposes of clause 6 of the Conveyancers Licensing Regulation 2015, which requires a licensee under the

Conveyancers Licensing Act 2003, when carrying out conveyancing work, to be insured under a policy of

professional indemnity insurance approved by the Commissioner for Fair Trading.

This Order is made under clause 6 (2) (a) of the Conveyancers Licensing Regulation 2015.
Conveyancers Licensing Amendment (Approved Professional Indemnity Insurance Policy) Order 2019

[NSW]

Conveyancers Licensing Amendment (Approved Professional

Indemnity Insurance Policy) Order 2019

under the

Conveyancers Licensing Act 2003

1      Name of Order

This Order is the Conveyancers Licensing Amendment (Approved Professional

Indemnity Insurance Policy) Order 2019.

2      Commencement

This Order commences on 1 July 2019 and is required to be published on the NSW legislation website.

3      Amendment of Conveyancers Licensing (Approved Professional Indemnity

Insurance Policy) Order 2017

Clause 3

Omit the clause. Insert instead:

3      Approved policies of professional indemnity insurance

The following policies covering the period from 1 July 2019 to 30 June 2020 are approved for the purposes of clause 6 (2) (a) of the

Conveyancers Licensing Regulation 2015:

(a)	the master policy of professional indemnity insurance (Policy Number LPS011195725) of AAI Limited (trading as Vero Insurance) and Allianz Australia Insurance Limited,
(b)	the aggregate infill policy of professional indemnity insurance (Policy Number LPS017290468) of AAI Limited (trading as Vero Insurance).