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Queensland Building and Construction Commission Act 1991
sec.67XStatutory insurance scheme
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### sec.67X Statutory insurance scheme
The statutory insurance scheme previously established under this Act is continued.
The purpose of the statutory insurance scheme is to provide assistance to consumers of residential construction work for loss associated with work that is defective or incomplete.
Assistance can not be provided under the scheme to a consumer unless the consumer has suffered loss as a consequence of residential construction that is defective or incomplete.
The statutory insurance scheme may operate under, and be referred to as, the name prescribed by regulation.
s 67X ins 2007 No. 47 s 43
sub 2014 No. 57 s 36
(sec.67X-ssec.1) The statutory insurance scheme previously established under this Act is continued.
(sec.67X-ssec.2) The purpose of the statutory insurance scheme is to provide assistance to consumers of residential construction work for loss associated with work that is defective or incomplete.
(sec.67X-ssec.3) Assistance can not be provided under the scheme to a consumer unless the consumer has suffered loss as a consequence of residential construction that is defective or incomplete.
(sec.67X-ssec.4) The statutory insurance scheme may operate under, and be referred to as, the name prescribed by regulation.