34Definitions

34 Definitions

34 Definitions

(1) In this Part—

beneficiary means a person entitled to claim a benefit provided under an insurance contract.

common property means—

(a) common property within the meaning of the Strata Schemes Development Act 2015, or

(b) association property within the meaning of the Community Land Development Act 2021.

contractor means a person required by section 92 of the Act not to do residential building work under a contract unless an insurance contract is in force in relation to the work.

insurance contract means a contract of insurance required to be entered into under Part 6 of the Act.

insurer means the issuer or provider of an insurance contract.

(2) A reference in this Part to the disappearance of a contractor is a reference to disappearance from Australia and includes a reference to the fact that, after due search and inquiry, the contractor cannot be found in Australia.

cl 34: Am 2018 No 25, Sch 5.22 [1]; 2021 No 6, Sch 5.8.