Victorian Current Acts Victorian Current Acts(1) The Secretary may enter into a contract with a person carrying on a fidelity insurance business under which the Secretary will be insured or indemnified to the extent and in the manner provided by the contract against liability in respect of claims under this Part.
(2) A contract under subsection (1) may be entered into in relation to licensees generally, or in relation to particular licensees named in the contract, or in relation to licensees generally with the exclusion of particular licensees named in the contract.