Victorian Numbered Regulations

BUILDING (INTERIM) REGULATIONS 2005 (SR NO 51 OF 2005) - REG 324

    (1)     The prescribed circumstances for the purposes of section 22 of the Act are the demolition, removal or re-erection of a building.

    (2)     The amount of the bond or guarantee referred to in section 22 of the Act—

        (a)     in the case of the demolition or removal of a building, must not exceed the lesser of—

              (i)     the estimated cost of carrying out the work authorised by the building permit; or

              (ii)     $100 for every 1 m ² of floor area of the building; and

        (b)     in the case of the re-erection of a building, must not exceed the lesser of—

              (i)     the estimated cost of carrying out the work authorised by the building permit; or

              (ii)     $5000.