Annual Report 2011-12 - Parliament of Western Australia

Queensland – summary data
Australian Capital Territory | New South Wales | Northern Territory | Queensland | South Australia | Tasmania | Victoria | Western Australia
The Professional Standards Council of
Queensland (Qld) approves schemes under
the Professional Standards Act 2004 (Qld).
Associations with schemes under this Act
have a statutory obligation to submit an
annual compliance report to the Council,
covering implementation and monitoring of
their risk management strategies, details of
claims and insurance data, use of the Cover
of Excellence ® trademark, and disclosure of
limited liability.
During 2011-12, there were 11 schemes
in operation in Queensland, covering 11
occupational associations and seven
occupational groups.
Accountants
• CPA Australia (Qld)
• Institute of Chartered Accountants in
Australia (Qld)
Barristers
• The NSW Bar Association – operates under
mutual recognition
• The South Australian Bar Association –
operates under mutual recognition
Table 11: Cover of Excellence ® schemes in Queensland
Association Scheme applies to: Number of
members
participating
in scheme in
Queensland
Accountants
CPA Australia
(Qld)
Institute of
Chartered
Accountants in
Australia (Qld)
all members of
CPA Australia
ordinarily resident
in Queensland who
hold a current public
practice certificate and
who are not exempt
all members of ICAA
ordinarily resident in
Queensland who hold
a current certificate
of public practice and
who are not exempt
• The Victorian Bar Incorporated – operates
under mutual recognition
Engineers
• Engineers Australia (Qld)
Information technology professionals
• Australian Computer Society – operates
under mutual recognition
Solicitors
• The Law Society of South Australia –
operates under mutual recognition
• Queensland Law Society
Surveyors
• The Professional Surveyors Occupational
Association – operates under mutual
recognition
Valuers
• Australian Property Institute Valuers Limited
– operates under mutual recognition
There were two proposed new schemes for
Queensland in the application stage during
2011-12.
Limit of
liability
1,139 $1 million to
$75 million
Reasonable
charge of
services x 10
3,740 $1 million to
$75 million
Reasonable
charge of
services x 10
Start date
for scheme
25 March
2008
1 February
2008
End date for
scheme
24 March
2013
31 January
2013
46 Professional Standards Councils Annual Report 2011-12