QLDIn ForceAct
Building Units and Group Titles Act 1980
sec.55Insurance of buildings and common property
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### sec.55 Insurance of buildings and common property
The body corporate shall insure and keep insured—
the common property including any improvements thereon; and
in the case of a building units plan, the building;
under a damage policy to the reinstatement or replacement value thereof.
s 55 sub 1988 No. 23 s 50
- (a) the common property including any improvements thereon; and
- (b) in the case of a building units plan, the building;