The Act amends the Medical Practitioners Act 2007 and introduces a requirement for every registered medical practitioner to ensure that they have in place the “minimum level” of indemnity cover (if any) applicable to him/her while they continue to be registered.
Any medical practitioner applying for registration or seeking to secure renewal of his or her registration, or restoration to the Register will now not be in a position to do so without first providing evidence to the Medical Council that the minimum level of indemnity (if any) applicable to that practitioner is in place. If the medical practitioner does not fall within any class of medical practitioners in respect of which a minimum level of indemnity is concerned, they must provide evidence of that fact.
Failure by a registered medical practitioner to provide evidence of indemnity pursuant to a request by the Medical Council, may result in removal of his or her registration.
The National Treasury Management Agency are assigned the role of setting the applicable minimum levels of indemnity.
You will find a link to the Act here.