Body Corporate and Community Management (Specified Two-lot Schemes Module) Regulation 2011
sec.31ADuty to consider preparation of defect assessment report
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sec.31A Duty to consider preparation of defect assessment report
A body corporate must, on or before the second anniversary of the scheme’s establishment, consider engaging an appropriately qualified person to prepare a defect assessment report for property, other than a body corporate asset, the body corporate must insure, for full replacement value, under sections 48 (1) , 49 (2) and 50 (2) . s 31A ins 2020 SL No. 232 s 6