Professional Standards Act 2003 (Vic)

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Version No. 015

Professional Standards Act 2003

No. 100 of 2003

Version incorporating amendments as at


1 July 2020

TABLE OF PROVISIONS

Section  Page

Part 1—Preliminary

1Purpose

2Commencement

3Objects of this Act

4Definitions

5Does this Act apply to all types of occupational liability?

6Relationship of this Act to other laws

7Act binds the Crown

Part 2—Limitation of liability

Division 1—Making, amendment and revocation of schemes

8Preparation and approval of schemes

9Public notification of schemes

10Making of comments and submissions concerning schemes

11Consideration of comments, submissions and other matters

12Public hearings

13Submission of schemes to Minister

14Gazettal, tabling and disallowance of schemes

15Commencement of schemes

16Challenges to schemes

17Review of schemes

18Amendment and revocation of Victorian schemes

18ANotification of revocation of schemes

18BTermination of operation of interstate schemes in this jurisdiction

Division 2—Contents of schemes

19Persons to whom scheme applies

20Officers or partners of persons to whom a scheme applies

21Employees of persons to whom a scheme applies

22Other persons to whom a scheme applies

23Limitation of liability by insurance arrangements

24Limitation of liability by reference to amount of business assets

25Limitation of liability by multiple of charges

26Specification of different limits of liability

27Combination of provisions under sections 23, 24 and 25

28Liability that cannot be limited by a scheme

28ALiability in damages not reduced to below relevant limit

29Insurance to be of requisite standard

Division 3—Effect of schemes

30Limit of occupational liability by schemes

31Limitation of amount of damages

32Effect of scheme on other parties to proceedings

33Proceedings to which a scheme applies

34Duration of scheme

35Notification of limitation of liability

Part 3—Compulsory insurance

36Occupational association may compel its members to insure

37Monitoring claims

Part 4—Risk management

38Risk management strategies

39Reporting

40Compliance audits

Part 5—Complaints and disciplinary matters

41Occupational Associations (Complaints and Discipline) Code

Part 6—The Professional Standards Council

Division 1—Establishment of the Council

42Establishment of the Council

Division 2—Membership and procedure of the Council

43Membership of the Council

44Provisions relating to members of the Council

45Provisions relating to procedure of the Council

Division 3—Functions of the Council

46Functions of Council

46ACo-operation with authorities in other jurisdictions

Division 4—Miscellaneous

47Requirement to provide information

48Referral of complaints

49Committees of the Council

50Engagement of consultants

51Accountability of the Council

52Professional Standards Council Fund

52ADelegation

52BCouncil may enter into agreements

Part 7—Miscellaneous

53Characterisation of this Act

54No contracting out of this Act

55No limitation on other insurance

56Limitation of Supreme Court jurisdiction

57Regulations

58Review of Act

59Transitional provisions—Justice Legislation (Further Amendment) Act 2006

60Transitional provisions—Professional Standards Amendment Act 2007

61Expiry date of existing schemes—Professional Standards and Legal Profession Acts Amendment Act 2008

Schedules

Schedule 1––Model Code

Schedule 2––Provisions relating to members of the Council

Schedule 3––Provisions relating to procedure of the Council

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Endnotes

1      General information

2      Table of Amendments

3      Amendments Not in Operation

4      Explanatory details

Version No. 015

Professional Standards Act 2003

No. 100 of 2003

Version incorporating amendments as at


1 July 2020

The Parliament of Victoria enacts as follows:

Part 1—Preliminary

1Purpose

The purpose of…

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.