Where, pursuant to an
application by a proprietor or a mortgagee of a lot for an order under this
section, the State Administrative Tribunal considers that the amount for which
the strata company for the scheme concerned has insured under section 54
or 55(1)(b) is not reasonable, the State Administrative Tribunal may order the
strata company to vary that amount to a specified amount.
[Section 101 amended: No. 58 of 1995
s. 96; No. 55 of 2004 s. 1156(1) and (3).]