New Professional Standards Scheme

Insurance brokers who advise and assist building professionals may be interested to know that the Association of Consulting Surveyors has applied to the Professional Standards Council for approval of a professional standards scheme for their members.

 The Scheme is intended to operate under the Professional Standards Act 1994 (NSW), which has the purpose of improving occupational standards of professional persons and to protect consumers of their services and will operate nationally.

Professional standards schemes can operate to limit the legal liability of people to whom the scheme relates, so long as comprehensive risk management procedures are in place.

More information about the proposed scheme is available from the Professional Standards Councils website.