New South Wales Consolidated Regulations
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HOME BUILDING REGULATION 2004 - REG 74
Exemptions from insurance for multi-storey buildings
(1) A person who does, or enters into a contract to do, residential building
work relating to the construction of a multi-storey building is exempt from
the requirements of Part 6 of the Act in respect of that residential building
work.
(2) A developer who enters into a contract for the sale of land on
which residential building work relating to the construction of a
multi-storey building has been done, or is to be done, is exempt from the
requirements of section 96A of the Act in relation to that residential
building work.
(3) This clause does not apply in respect of residential
building work commenced before 31 December 2003 (being the date of
commencement of clause 57BC of the Home Building Regulation 1997 , the
corresponding earlier version of this clause).
(4) If a developer entered
into a contract for the sale of land on which residential building work in
relation to a multi-storey building was proposed to be carried out but was not
commenced before 31 December 2003 and the developer complied with clause 77 in
relation to that contract: (a) the provisions of the contract complying with
clause 77 (b) (ii) and (iii) cease to have effect, and
(b) the developer must
notify the purchaser of the land in writing that they no longer have effect
and of the exemption from the requirements of Part 6 of the Act in relation to
the residential building work conferred by this clause.
(5) In this clause:
"multi-storey building" means a building: (a) that has a rise in storeys of
more than 3, and
(b) that contains 2 or more separate dwellings.
"rise in storeys" has the same meaning as it has in the Building Code of
Australia .
"storey" does not include a space within a building if the space includes
accommodation only intended for vehicles.
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