Western Australian Consolidated Acts

HOME BUILDING CONTRACTS ACT 1991 - SECT 25GD

25GD .         Revocation of Minister’s approval of a fund

                The Minister may, by order published in the Gazette , revoke the Minister’s approval of a fund if —

            (a)         a matter, as it applies to an approved fund, has changed in contravention of section 25GC;

            (b)         the Minister is no longer satisfied that there is adequate insurance or other provision for excess losses of the fund as referred to in section 25GB(2)(d); or

            (c)         an insurer referred to in section 25GB(2)(e) —

                  (i)         is not, or is no longer, authorised; or

                  (ii)         is not, or is no longer, approved,

                as required by that provision.

        [Section 25GD inserted by No. 37 of 2002 s. 16.]

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