📘 Professional Standards Amendment Act 2010
003 of 2010Assented 7 April 2010
The Professional Standards Amendment Act 2010 amends the Professional Standards Act 1997 to address defence costs, mutual recognition of schemes across jurisdictions, and consistency with national model legislation.
Impact
This act affects professionals covered by professional standards schemes by clarifying liability limitations, insurance requirements, and mutual recognition of schemes across different states and territories. It also impacts the courts by clarifying how damages are calculated.
Sectors
financejusticepublic_sector
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