Victorian Current Acts

BUILDING ACT 1993 - SECT 205DB

    (1)     There must be paid out of the Cladding Safety Victoria account—

S. 205DB(1)(a) repealed by No. 31/2020 s. 57.

    *     *     *     *     *

        (b)     the amount of any refunds required to be given by the Authority under section 205LBA(1)(b); and

        (c)     any amounts authorised by the Minister for the purposes of conducting—

              (i)     the review under Subdivision 4C; and

              (ii)     any other review of this Act, the regulations and any other Acts or regulations related to the building industry; and

S. 205DB (1)(ca) inserted by No. 11/2023 s. 46.

        (ca)     the amounts authorised by the Minister for any one or more of the following purposes—

              (i)     determining whether cladding rectification work is required to be carried out to improve the safety of a building and the nature and scope of such cladding rectification work;

              (ii)     the carrying out, or to facilitate the carrying out, of cladding rectification work;

              (iii)     overseeing the activities described in subparagraphs (i) and (ii); and

        (d)     any amounts directed under subsection (2) to be paid into the Consolidated Fund; and

        (e)     any other amounts required or authorised to be paid out of the Cladding Safety Victoria account by or under this or any other Act.

    (2)     If the Treasurer is satisfied that there is in the Cladding Safety Victoria account at any time an amount in excess of the amount required to meet the anticipated payments from the account, the Treasurer, after consultation with the Authority and the Minister, may direct the payment of the whole or any part of that excess amount out of the account into the Consolidated Fund.

S. 205E inserted by No. 34/2013 s. 4.