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Strata Schemes Management Act 2015
208Form of building bond
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208 Form of building bond
208 Form of building bond
A building bond may be in one or more of the following forms—
(a) a bank guarantee issued by an authorised deposit-taking institution,
(b) a bond issued by an approved insurer,
(c) another form of security that is prescribed by the regulations for the purposes of this section.
s 208: Am 2018 No 49, Sch 1[13] [14].