New South Wales Consolidated Acts

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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 173

Effect of exemption from building insurance requirements

173 Effect of exemption from building insurance requirements

(1) A person exempted by the Tribunal from the requirement to insure a building is not under a duty to comply with the requirement or any corresponding requirement of a positive covenant.
(2) However, if the exemption was granted subject to a condition, the person is under the duty, if in breach of that condition.



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