A service approval is granted subject to a condition that the approved provider must hold the following insurance in respect of the education and care service--
(a) a current policy of insurance providing adequate cover for the education and care service against public liability with a minimum cover of $10 000 000; or
(b) a policy of insurance or an indemnity against public liability provided by the Government of a State or Territory in respect of the education and care service.
Notes--:1 See section 51(4) of the Law.2 See regulation 180 for the requirement to keep evidence of prescribed insurance.