Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) The Governor may make regulations for the purposes of this Act.
(2) Without limiting the generality of subsection (1), the regulations may –
(a) require a person who sells a residential building in respect of which a policy is in force to notify the insurer giving details of the sale; and
(b) enable an owner of a residential building to inspect any policy that is in force in respect of that building; and
(c) require a builder to notify an insurer and a local authority of the completion of building work; and
(d) provide for the duties of an insurer on notification of the completion of building work.
(3) The regulations may provide for penalties not exceeding a fine of 50 penalty units and imprisonment for a term not exceeding 6 months for offences against the regulations.