Property Developers Act 2024
95ARequirements for latent defects insurance
Start here
Get a plain-English read of 95A
Turn the raw legal text into a practical explanation grounded in Property Developers Act 2024.
95A Requirements for latent defects insurance (1) A regulation may provide for the following matters: (a) when latent defects insurance is required for residential building work; (b) requirements for latent defects insurance policies; (c) requirements for insurers issuing latent defects insurance; (d) any other matter relevant to paragraph (a), (b) or (c). [2.19] Dictionary, note 2
Amendment [2.20] [2.20] Dictionary, definition of actuary etc omit in the dictionary definitions of • actuary • approval criteria • approved scheme • builder • building • building work • completion day • complying residential building work insurance • cost • fidelity certificate • fidelity fund scheme • insurable residential building • insurable residential building work
Amendment [2.21] [2.21] Dictionary, new definitions Commonwealth or State entity, for part 6 (Residential building work—warranties, conditions, insurance etc)—see section 84. property developer, for part 6 (Residential building work— warranties, conditions, insurance etc)—see section 84. territory entity, for part 6 (Residential building work—warranties, conditions, insurance etc)—see section 84. [2.22] Dictionary, definition of prudential standards etc omit in the dictionary definitions of • prudential standards • residential building • residential building work • special actuary • storey