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Building and Development Certifiers Regulation 2020
23Existing policies
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#### 23 Existing policies
23 Existing policies
> > (1) During the transition period, an insurance policy that was taken out before the commencement of this Regulation and that complied with the requirements of section 63 of the [Building Professionals Act 2005](/view/html/repealed/current/act-2005-115) immediately before the repeal of that section is taken to satisfy the requirements of section 26(2)(a) of the [Building and Development Certifiers Act 2018](/view/html/inforce/current/act-2018-063).
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> > (2) The fact that an accredited certifier becomes a registered certifier does not affect the validity of an insurance policy.
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> > (3) In this clause—
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> > transition period means the period of 12 months following the commencement of this Regulation.