Wednesday, May 25, 2022

Strata Schemes Management Act 2015 No 50

Part 9
Division 3
Section 173

Effect of exemption from building insurance requirements | Section 173

(1)  A person exempted by the Tribunal from the requirement to insure a building is not under a duty to comply with the requirement or any corresponding requirement of a positive covenant.

(2)  However, if the exemption was granted subject to a condition, the person is under the duty, if in breach of that condition.

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Disclaimer: Reproduced from the Strata Schemes Management Act 2015 . 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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