(1) The regulations
may —
(a)
limit, modify or exclude any requirement in section 160(1) to obtain or keep
current an insurance policy in respect of liabilities arising in prescribed
circumstances or out of prescribed events; and
(b)
limit the amount for which an employer is required by section 160(1) to obtain
or keep current an insurance policy; and
(c)
otherwise limit, modify or exclude the requirement in section 160(1) to obtain
or keep current an insurance policy.
(2) The regulations
may prescribe any or all of the terms and conditions of an insurance policy
required by section 160(1).
(3) The regulations
may prescribe the form of any insurance policy required by section 160(1).
[Section 169 inserted: No. 12 of 2012 s. 9.]