204Regulation-making powers

204 Regulation-making powers

(1) The Governor in Council may make regulations for or with respect to—

(a) regulating and requiring the taking out of insurance by an owners corporation and lot owners of an owners corporation including but not limited to—

(i) prescribing terms to be contained in insurance policies in relation to lots or common property; and

(ii) requiring the noting of mortgagees' interests on insurance policies taken out by owners corporations; and

(iii) prescribing the manner of indexing the sum insured for any particular class of insurance; and

(iv) prescribing approved insurers;

(b) requiring documents or information required to be kept under this Act to be lodged with the Registrar of Titles;

(c) requiring records or registers to be kept and prescribing the content and manner of keeping records or registers under this Act or the regulations;

(d) prescribing model rules for the purposes of this Act;

S. 204(1)(da) inserted by No. 33/2014 s. 8(1).

(da) prescribing fees generally under this Act;

S. 204(1)(db) inserted by No. 33/2014 s. 8(1).

(db) prescribing the fees that may be imposed by an owners corporation for the provision of an owners corporation certificate;

S. 204(1)(dc) inserted by No. 4/2021 s. 83A.

(dc) prescribing for the purposes of section 67B(2) requirements for or in relation to hotel and resort management contracts or classes of hotel and resort management contracts, including but not limited to—

(i) restricting the duration of those contracts;

(ii) limiting or placing parameters on fees and charges under those contracts or increases on those fees and charges;

(iii) prohibiting or regulating the inclusion of specified terms or conditions in those contracts;

S. 204(1)(dd) inserted by No. 6/2025 s. 111.

(dd) prescribing courses or examinations to be completed by natural persons to be eligible to register under Part 12;

S. 204(1)(de) inserted by No. 6/2025 s. 111.

(de) for the purposes of section 179, exempting any person or class of persons from the requirement to complete prescribed courses or examinations to be eligible to register under Part 12;

S. 204(1)(df) inserted by No. 6/2025 s. 111.

(df) prescribing continuing professional development requirements for managers who are natural persons and registered officers in effective control;

S. 204(1)(dg) inserted by No. 6/2025 s. 111.

(dg) prescribing records to be kept by managers who are natural persons and registered officers in effective control of continuing professional development activities undertaken for the purposes of this Act;