Tuesday, May 17, 2022

Strata Schemes Management Act 2015 No 50

Part 9
Division 1
Section 166

Strata managing agent to obtain insurance quotations | Section 166

A strata managing agent must provide the owners corporation with not less than 3 quotations from different providers for each type of insurance proposed by the agent to the owners corporation or provide written reasons to the owners corporation if less than 3 quotations are provided.

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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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