NSWIn ForceAct
Community Land Management Act 2021
150Valuations to be obtained for the purposes of insurance
Start here
Get a plain-English read of 150
Turn the raw legal text into a practical explanation grounded in Community Land Management Act 2021.
#### 150 Valuations to be obtained for the purposes of insurance
150 Valuations to be obtained for the purposes of insurance
> > (1) A valuation of a building or structure that is required to be insured under this Division must be obtained at least once every 5 years by the association.
>
> > (2) The valuation must be carried out by a person who has the qualifications prescribed by the regulations.