Cap. 650 Art. 21Indemnity insurance.

(1) Every security stewards agency licensed in accordance with this Act shall, for as long as it is so licensed, be covered by an indemnity insurance, in such manner and for such amount as may be prescribed against any liability which such agency may incur for compensation in respect of any loss or damage that any other person may suffer as a result of any act done or omitted to be done by the agency or by any security steward employed by the agency, in the carrying out of any services provided under a licence issued in accordance with the provisions of this Act. Such insurance shall be made by the security stewards agency if the person licensed is a security steward.

(2) Every person bound to be covered by an indemnity insurance in accordance with this article shall on a yearly basis, within a week of taking out or renewing such indemnity insurance, inform the Police in writing and produce a valid copy of the indemnity insurance document and the relative number of the insurance policy.

(3) For the purposes of this article every security stewards agency bound to be covered by an indemnity insurance shall, together with the information required under sub-article (2), submit a list of persons that it employs, if any.

(4) Any changes to the list of persons employed submitted in accordance with sub-article (3) shall be notified to the Police within two (2) days from the occurrence of any such change.

(5) Any person who fails to comply with any of the provisions of this article shall be deemed to operate without the licence required in accordance with this Act.