Professional Engineers Act 1991 · 2020 Revised Edition · Part 6 · Multidiscipline and Corporate Practice
34. Liability insurance
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Every licensed corporation which is not an unlimited corporation and every licensed limited liability partnership must be insured against liability for any breach of professional duty arising out of the conduct of its business of supplying professional engineering services relating to any of the prescribed branches of professional engineering work as a direct result of any negligent act, error or omission committed by —
licensed
“licensed”, in relation to a corporation, partnership or limited liability partnership, means a corporation, partnership or limited liability partnership which has in force a licence;
in the case of a corporation — the corporation or its directors, managers, secretaries or employees; or
in the case of a limited liability partnership — the limited liability partnership or its partners, managers or employees.[24
limited liability partnership
“limited liability partnership” has the meaning given by section 2(1) of the Limited Liability Partnerships Act 2005;