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QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION ACT 1991 - SECT 67X Statutory insurance scheme

QUEENSLAND BUILDING AND CONSTRUCTION COMMISSION ACT 1991 - SECT 67X

Statutory insurance scheme

67X Statutory insurance scheme

(1) The statutory insurance scheme previously established under this Act is continued.
(2) The purpose of the statutory insurance scheme is to provide assistance to consumers of residential construction work for loss associated with work that is defective or incomplete.
(3) Assistance can not be provided under the scheme to a consumer unless the consumer has suffered loss as a consequence of residential construction that is defective or incomplete.
(4) The statutory insurance scheme may operate under, and be referred to as, the name prescribed by regulation.