Victorian Consolidated Legislation

Owners Corporations Act 2006 - SECT 65

Valuation of buildings

65. Valuation of buildings



(1) A prescribed owners corporation must obtain a valuation of all buildings
that it is liable to insure.

(2) The valuation must be obtained every 5 years or earlier as determined by
the owners corporation.

(3) The owners corporation must present the valuer's report at the next
general meeting after it is received.

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