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HOME BUILDING CONTRACTS ACT 1991 - SECT 25DA

HOME BUILDING CONTRACTS ACT 1991 - SECT 25DA

25DA .         Corresponding cover by an approved fund for builders

        (1)         Corresponding cover is provided by an approved fund in relation to residential building work performed by a builder if the person for whom the residential building work is performed, and that person’s successors in title, are in the same position that they would be if a policy of insurance that complies with this Division were in force in relation to the residential building work.

        (2)         Any discretion that a person has to approve a claim on the fund is to be disregarded for the purposes of subsection (1).

        [Section 25DA inserted: No. 37 of 2002 s. 13.]

        [Heading inserted: No. 72 of 1996 s. 5.]