Victorian Consolidated Legislation

Sale of Land Act 1962 - SECT 9AAA

Insurance

9AAA. Insurance

If an owners corporation for a plan of subdivision will be required by the
Owners Corporations Act 2006 to effect insurance after the plan is registered,
the vendor must effect insurance in accordance with that Act as if the vendor
were the owners corporation, until-

   (a)  if the owners corporation meets within 6 months after the plan is
        registered, the end of one month after its first meeting; and

   (b)  in any other case, the end of 6 months after the plan is registered.