NSWIn ForceAct
Strata Schemes Management Act 2015
211ADDirections to decennial insurers to provide information
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#### 211AD Directions to decennial insurers to provide information
211AD Directions to decennial insurers to provide information
> > (1) The Secretary may, by written order, direct a person who has issued a DLI policy to give the Secretary the following information, as specified in the direction—
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> > > (a) the number, terms and premiums payable of DLI policies issued by the person,
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> > > (b) the names of developers to whom DLI policies have been issued,
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> > > (c) the buildings covered by DLI policies,
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> > > (d) the number and value of claims made under DLI policies,
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> > > (e) circumstances where a developer has failed to meet a term or condition of a DLI policy, including specific details about the developer and the term or condition not met,
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> > > (f) other information prescribed by the regulations.
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> > (2) To avoid doubt, a direction under this section may—
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> > > (a) apply generally or specifically, and
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> > > (b) require information to be given on the occurrence of a specified event or at regular specified times, and
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> > > (c) specify the way and time within which the information must be given.
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> > (3) A person must comply with a direction under this section.
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> > Maximum penalty—
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> > > (a) 500 penalty units, and
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> > > (b) for a continuing offence—200 penalty units for each day the offence continues.
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> **s 211AD:** Ins 2023 No 44, Sch 3.1\[4\].