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9.—(1) An officer of court and any partnership of officers of court shall be covered by–
(a)a bond of caution to the value of not less than £50,000 in respect of each claim covering each commission held by each officer of court to whom the bond of caution applies as a sheriff officer and, where applicable, as a messenger-at-arms, and
(b)a policy of professional indemnity insurance for not less than £100,000 in respect of each claim–
(i)in the case of an officer of court, covering each commission held by him as a sheriff officer and, where applicable, as a messenger-at-arms, and any employee of the officer of court; and
(ii)in the case of a partnership of officers of court, covering the firm, any partner of the firm in respect of each commission held by him as a sheriff officer and, where applicable, as a messenger-at-arms, and any employee of the firm.
(2) The bond of caution and policy of professional indemnity insurance required under paragraph (1) above shall be incorporated in a single document and shall be–
(a)in such terms as may be approved by the sheriffs principal and the Lord Lyon;
(b)obtained from a company on the list of guarantee companies approved by the Lord President under rule 200(e)(iv) of the Rules of the Court of Session(1); and
(c)renewed annually.
S.I. 1965/321.
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