NSWIn ForceAct
Strata Schemes Management Act 2015
167Part does not limit owner’s insurance rights
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167 Part does not limit owner’s insurance rights
167 Part does not limit owner’s insurance rights
(1) This Part does not limit any right of an owner of a lot in a strata scheme to take out insurance.
(2) Insurance taken out by an owner of a lot in a strata scheme does not affect, and is not to be taken into consideration in determining, the amount payable to an owners corporation under a contract of insurance entered into between it and an insurer in accordance with this Part. This subsection has effect despite anything contained in the relevant contract of insurance.