STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 208 Form of building bond
STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 208
Form of building bond208 Form of building bond
A building bond may be in one or more of the following forms--
(a) a bank guarantee issued by an authorised deposit-taking institution,
(b) a bond issued by an approved insurer,
(c) another form of security that is prescribed by the regulations for the purposes of this section.