168Insurable interests

#### 168 Insurable interests 168 Insurable interests > > (1) A person (including an owners corporation) is taken to have an insurable interest in the subject-matter of a contract of insurance entered into by the person in accordance with this Part. > > > (2) The owner of a lot is taken to have an insurable interest in a building comprised in the lot while the building is subject to a determination referred to in section 160 (4). > > > (3) This section applies despite the provisions of section 23 of the [Imperial Acts Application Act 1969](/view/html/inforce/current/act-1969-030) or any other law relating to insurance.