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Strata Schemes Management Act 2015
211ACExemption from other statutory insurance requirement
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#### 211AC Exemption from other statutory insurance requirement
211AC Exemption from other statutory insurance requirement
> > (1) A regulation may exempt a person from complying with the [Home Building Act 1989](/view/html/inforce/current/act-1989-147), section 92 or 96, or both, in relation to building work if a developer has notified the Secretary of the developer’s intention to obtain decennial insurance for the building work.
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> > (2) The regulation may—
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> > > (a) provide that the exemption is subject to specified conditions, and
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> > > (b) require the developer to give information to specified persons, including specifying the way and time within which the information must be given, and
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> > > (c) provide that the Secretary may require information be given by the developer to specified persons, including that the Secretary may—
> > >
> > > > (i) require information be included in contracts for purchase or in disclosure to potential purchasers before exchange of contracts, and
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> > > > (ii) specify the way and time within which the information must be given, and
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> > > (d) if a regulation is made under subsection (1)—extend the application of a provision of this division that applies to the Secretary under this Act to the Secretary under the [Home Building Act 1989](/view/html/inforce/current/act-1989-147), and
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> > > (e) make other provision about the exemption and the provision of information.
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> **s 211AC:** Ins 2023 No 44, Sch 3.1\[4\].