Queensland Consolidated Acts

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PROFESSIONAL STANDARDS ACT 2004 - SECT 7A

7A References to amounts payable in relation to an occupational liability

A reference in this Act to the amount payable under an insurance policy in relation to an occupational liability includes a reference to--

(a) defence costs payable in relation to a claim, or notification that may lead to a claim (other than reimbursement of the defendant for time spent in relation to the claim), but only if those costs are payable out of the 1 sum insured under the policy in relation to the occupational liability; and
(b) the amount payable under or in relation to the policy by way of excess.


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