New South Wales Consolidated Acts

HOME BUILDING ACT 1989 - SECT 103BC

103BC 10-year “long stop” limit on claims under existing policies

(1) Despite any other provision of this Act, a contract of home warranty insurance entered into before 1 July 2010 does not in any circumstances provide insurance cover in respect of loss unless a claim in respect of the loss is made to the insurer within 10 years after the work insured was completed.

Note: Section 3B provides for the date of completion of residential building work.

(2) This section does not operate to extend any period of insurance.