Tuesday, July 5, 2022

Owners Corporation Act 2006

Part 3
Division 6
Section 54

What is an insurable building? | Section 54

In this Division—

S. 54 def. of building amended by No. 1/2010 s. 24(1)(2).

“building” includes any building on the plan of subdivision and—

(a)     any improvements and fixtures forming part of the building; and

(ab)     any shared services; and

(b)     anything prescribed as forming part of a building

but does not include—

(c)     carpet and temporary floor, wall and ceiling coverings; or

(d)     fixtures removable by a lessee at the end of a lease; or

(e)     anything prescribed as not forming part of a building;

S. 54 def. of shared services inserted by No. 1/2010 s. 24(3).

“shared services” includes any pipes or cables used to provide services including water, electricity, gas and telecommunications to the building that are shared with a person other than the owners corporation or any of its members.

© State of Victoria (Consumer Affairs Victoria). For the latest information please go to https://www.legislation.vic.gov.au/in-force/acts/owners-corporations-act-2006/017

Disclaimer: Reproduced from the Owners Corporation Act 2006. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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