New South Wales Consolidated Regulations

HOME BUILDING REGULATION 2014 - REG 62ZC

62ZC Application

(1) This Part applies to an alternative indemnity product that involves the provider entering into a contractual arrangement to provide cover by means of a specialised insurance arrangement for the purposes of Part 6B of the Act.

(2) In this Part--

"alternative indemnity contract" means a contract to provide cover by means of an alternative indemnity product to which this Part applies.

"construction period alternative indemnity contract" --see clause 62ZH (1) (a).

"specialised insurance cover" means cover by means of a specialised insurance arrangement for the purposes of Part 6B of the Act.

"warranty period alternative indemnity contract" --see clause 62ZH (1) (b).

(3) Words and expressions used in this Part have the same meaning as in Part 6B of the Act.