NSWIn ForceAct
Strata Schemes Management Act 2015
211AIRegulations about decennial insurance
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#### 211AI Regulations about decennial insurance
211AI Regulations about decennial insurance
> Regulations may be made about the following—
>
> > (a) requiring developers to give notice to the Secretary of an intention to obtain decennial insurance,
>
> > (b) requiring developers to give copies of certificates of currency for decennial insurance to the Secretary before specified events or actions,
>
> > (c) fees payable to the Secretary for assessing whether a DLI policy—
> >
> > > (i) meets, in the Secretary’s opinion, the criteria prescribed by the regulations under section 211AA(2)(a), and
> >
> > > (ii) is in a form acceptable to the Secretary under section 211AA(2)(b),
>
> > (d) matters of a savings or transitional nature consequent on a change in regulations under this part or a decision of the Secretary under this part.
> >
> > Example of changes—
> >
> > a change in a prescribed percentage or a change in the type of decennial insurance form acceptable to the Secretary
>
> **s 211AI:** Ins 2023 No 44, Sch 3.1\[4\].