Dáil debates
Wednesday, 22 April 2015
Legal Services Regulation Bill 2011: Report Stage (Resumed) and Final Stage
3:00 pm
Frances Fitzgerald (Dublin Mid West, Fine Gael) | Oireachtas source
I move amendment No. 66b:
In page 71, after line 35, to insert the following:“Legal partnership to have professional indemnity insurance
88.(1) A legal partnership shall not provide legal services unless there is in force, at the time of the provision of such services, a policy of professional indemnity insurance which adequately covers the legal partnership in the provision of those legal services.(2) This section is without prejudice to any obligation of a legal partnership under section 37or any regulations made under it.
(3) For the purpose of subsection (1), a policy of professional indemnity insurance referred to in that subsection shall not adequately cover a legal partnership in the provision of legal services unless it complies withsection 37and any applicable regulations made under it.
(4) In this section, “professional indemnity insurance” means a policy of indemnity insurance against losses arising from claims in respect of any description of civil liability incurred—(a) by a legal partnership arising from the provision of legal services, or
(b) by a partner, employee or agent or former partner, employee or agent of the legal partnership arising from such provision.”.
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