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Rules of Practice 1994 (S.R. 1994, No. 229)
|Requested: 29 Apr 2017|
|Consolidated as at: 17 Mar 2006|
75. Indemnity cover schemes
(1) The Society may negotiate or enter into an agreement or arrangement with an insurer or any other person for the operation of a scheme providing for an approved indemnity cover for professional indemnity insurance of a firm.
(2) The Society may determine how the cost of providing an approved indemnity cover is to be paid by a firm.
(3) An approved indemnity cover is to be for the period specified in any negotiation, agreement or arrangement.