54What is an insurable building?

54 What is an insurable building?

In this Division—

S. 54 def. of building amended by No. 1/2010 s. 24(1)(2).

building includes any building on the plan of subdivision and—

(a) any improvements and fixtures forming part of the building; and

(ab) any shared services; and

(b) anything prescribed as forming part of a building—

but does not include—

(c) carpet and temporary floor, wall and ceiling coverings; or

(d) fixtures removable by a lessee at the end of a lease; or

(e) anything prescribed as not forming part of a building;

S. 54 def. of shared services inserted by No. 1/2010 s. 24(3).

shared services includes any pipes or cables used to provide services including water, electricity, gas and telecommunications to the building that are shared with a person other than the owners corporation or any of its members.