VICIn ForceAct
Domestic Building Contracts Act 1995
51Establishment of Domestic Building Dispute Resolution Victoria Trust Fund
Start here
Get a plain-English read of 51
Turn the raw legal text into a practical explanation grounded in Domestic Building Contracts Act 1995.
51 Establishment of Domestic Building Dispute Resolution Victoria Trust Fund
S. 51(1) amended by No. 17/2025 s. 19.
(1) The Authority must establish and maintain a trust fund to be called the Domestic Building Dispute Resolution Victoria Trust Fund.
S. 51(2) amended by No. 17/2025 s. 19.
(2) The Authority must establish an account with an ADI for the investment of the Fund.
(3) There may be paid into the Fund all amounts required or permitted to be paid into the Fund under this Act.
(4) There may be paid out of the Fund all amounts required or permitted to be paid from the Fund under this Act.
(5) The proceeds of the investment of the Fund are to be paid into the Domestic Builders Fund.
S. 51A inserted by No. 15/2016 s. 6.