Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) An Australian-registered foreign lawyer who practises foreign law in the ACT commits an offence if the foreign lawyer fails to comply with subsection (2), (3) or (4).
Maximum penalty: 50 penalty units.
(2) The foreign lawyer must be covered by professional indemnity insurance that—
(a) covers the practice of foreign law in the ACT; and
(b) is for at least the relevant amount inclusive of any legal costs arising from claims under the insurance; and
(c) has been approved under, or complies with, the requirements this Act or a corresponding law for a practising certificate held by an Australian legal practitioner in any jurisdiction.
(3) The foreign lawyer must be covered by professional indemnity insurance from a foreign country that—
(a) covers the practice of foreign law in the ACT; and
(b) complies with the relevant requirements of a law of the foreign country or a registration authority of the foreign country; and
(c) if the insurance is for less than the relevant amount inclusive of any legal costs arising from claims under the insurance—provides a disclosure statement to each client stating the level of cover.
(4) If the foreign lawyer does not comply with subsection (2) or (3), the lawyer must—
(a) if the lawyer is covered by professional indemnity insurance—give a disclosure statement to each client stating that the lawyer has professional indemnity insurance but that it does not comply with this Act; or
(b) if the lawyer is not covered by professional indemnity insurance—give a disclosure statement to each client stating that the lawyer is not covered by professional indemnity insurance.
(5) A regulation may make provision in relation to the way a disclosure statement must be given and the contents of the statement.
(6) In this section:
"relevant amount" means—
(a) if an amount is prescribed by regulation for section 72 (Professional indemnity insurance—interstate legal practitioners)—that amount; or
(b) if an amount is not prescribed by regulation—$1.5 million.