Victorian Current Acts

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OWNERS CORPORATIONS ACT 2006 - SECT 54

What is an insurable building?

In this Division—

S. 54 def. of building amended by No. 1/2010 s. 24(1)(2).

"building" includes any building on the plan of subdivision and—

        (a)     any improvements and fixtures forming part of the building; and

        (ab)     any shared services; and

        (b)     anything prescribed as forming part of a building

but does not include—

        (c)     carpet and temporary floor, wall and ceiling coverings; or

        (d)     fixtures removable by a lessee at the end of a lease; or

        (e)     anything prescribed as not forming part of a building;

S. 54 def. of shared services inserted by No. 1/2010 s. 24(3).

"shared services" includes any pipes or cables used to provide services including water, electricity, gas and telecommunications to the building that are shared with a person other than the owners corporation or any of its members.



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