38CInsurance of dwelling‑houses and rights of residence in retirement villages

#### 38C Insurance of dwelling‑houses and rights of residence in retirement villages Dwelling‑houses (1) The Commonwealth may undertake insurance of, or in relation to: (a) a dwelling‑house that is wholly or partially owned by an eligible recipient; or (b) building materials on a site where there is, or is to be, a dwelling‑house referred to in paragraph (a), being materials that are for use in the building of, or use otherwise in relation to, the dwelling‑house; or (c) any permanent domestic improvement of a structural kind that has been made: (i) to a dwelling‑house referred to in paragraph (a); or (ii) on the land on which such a dwelling‑house is built, is being built or is to be built; or (d) building materials on a site where there is, or is to be, an improvement referred to in paragraph (c), being materials that are for use in the building of, or use otherwise in relation to, the improvement. > Note: For eligible recipient, see subsection 4(1). (2) The Commonwealth may undertake insurance against risks related to the land on which a dwelling‑house referred to in paragraph (1)(a) is built, is being built or is to be built. Rights of residence in retirement villages (3) The Commonwealth may undertake insurance of, or in relation to: (a) a right of residence in a retirement village that is a right held by an eligible recipient; or (b) building materials on a site where there is, or is to be, a retirement village covered by paragraph (a), being materials that are for use in the building of, or use otherwise in relation to, the retirement village; or (c) any permanent domestic improvement of a structural kind that has been made to a retirement village covered by paragraph (a); or (d) building materials on a site where there is, or is to be, an improvement referred to in paragraph (c), being materials that are for use in the building of, or use otherwise in relation to, the improvement. > Note: For eligible recipient, see subsection 4(1). (4) The Commonwealth may undertake insurance against risks related to the land on which a retirement village covered by paragraph (3)(a) is built, is being built or is to be built.