Victorian Consolidated Legislation

House Contracts Guarantee Act 1987 - SECT 42

When is a claim paid?

42. When is a claim paid?

If VMIA accepts a claim in respect of a loss covered by an indemnity under
section 37, VMIA must pay to the person out of the Domestic Building (HIH)
Indemnity Fund the amount assessed by VMIA as payable under the indemnity.