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.]