BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012
5Residential building work and residential buildings
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5 Residential building work and residential buildings (1) For section 54AB(1) of the Act, this regulation prescribes the building work that must be covered by a policy or certificate (residential building work). (2) Residential building work is building work, of at least $25 000 in value, in connection with the construction of a residential building. (3) A residential building is any of the following: (a) a Class 1a building or prescribed Class 2 building (each of which is a relevant building); (b) a Class 10 building attached to a relevant building if the Class 10 building is constructed at the same time as the relevant building is constructed;
Part 1.2 Interpretation Division 2 Important concepts Building (RBI and Fidelity Fund Schemes) Regulations 2012 5 (c) a Class 10 building that is a retaining wall (whenever constructed) that is not attached to a relevant building but on which the integrity of the relevant building depends. Examples of Class 10 buildings for subregulation (3)(b) A garage, retaining wall or verandah. (4) Without limiting subregulation (2), the following building work is residential building work: (a) work in connection with an extension of a relevant building; (b) work in connection with an extension of a dwelling in a prescribed Class 2 building; (c) work, to be carried out under the same contract, in connection with both: (i) an extension mentioned in paragraph (a) or (b); and (ii) a renovation of the same relevant building or dwelling. (5) However, residential building work does not include work in connection with: (a) the construction of a residential building that is entirely or substantially prefabricated and is designed to be transported from: (i) the site of assembly; or (ii) any subsequent site on which the building is located; or (b) renovations or alterations to an existing relevant building that do not increase the floor area of the building, other than renovations mentioned in subregulation (4)(c)(ii). Examples of renovations for subregulation (5)(b) The re-cladding of roofs or walls, replacement of windows, construction of new external openings and enlargement or filling in of existing external openings. (6) A reference in this regulation to a residential building of a particular Class is a reference to a building of that Class as specified under the classification of buildings in the Building Code, as defined in regulation 2(1) of the Building Regulations 1993.
Part 1.2 Interpretation Division 2 Important concepts Building (RBI and Fidelity Fund Schemes) Regulations 2012 6