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Strata Schemes Management Act 2015
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#### 214 Regulations
214 Regulations
> > (1) Regulations may be made for or with respect to the following—
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> > > (a) building bonds,
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> > > (a1) the functions of professional associations, or other bodies, with respect to determining whether persons are qualified to carry out functions as building inspectors,
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> > > (a2) registers of persons qualified to be appointed as building inspectors, including the public availability of those registers,
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> > > (a3) conditions that may be imposed on the exercise of functions under this Part by building inspectors, including the imposition of conditions by the Secretary or professional associations,
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> > > (b) the appointment of a building inspector by the Secretary if a building inspector is no longer available or is not qualified or is otherwise not suitable,
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> > > (c) additional circumstances in which the Secretary, rather than the developer, is to appoint a building inspector,
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> > > (d) information required to be provided to the Secretary by the developer or the owners corporation in relation to building inspectors and other matters arising from this Part,
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> > > (e) nomination of building inspectors for approval by owners corporations,
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> > > (f) matters to be disclosed to the owners corporation by a developer seeking approval of a building inspector and the period within which disclosure is to be made,
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> > > (g) meetings of owners corporations to consider the approval of the appointment of a building inspector,
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> > > (h) the provision of information to a building inspector for the purposes of an inspection or report,
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> > > (i) applications to the Secretary for a determination that a final inspection and report are not required,
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> > > (j) requirements to be observed in relation to the conduct of a review under section 213.
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> > (2) Without limiting subsection (1) (a), the regulations may provide for the following—
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> > > (a) requirements for the provision and maintenance of a building bond,
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> > > (b) requirements for additional information or documents to be provided relating to the amount required to be secured by a building bond,
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> > > (c) how the contract price is to be determined for the purposes of the amount required to be secured by a building bond,
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> > > (d) when a building bond lapses or need not be maintained,
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> > > (e) procedures relating to applications for, and the payment of, amounts secured by a building bond,
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> > > (e1) procedures to be followed by the Secretary in determining an amount under section 209 (1A),
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> > > (f) the period of notice to be given of a proposed payment of an amount secured by a building bond,
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> > > (g) fees relating to the provision of building bonds under this Part.
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> **s 214:** Am 2018 No 49, Sch 1\[25\] \[32\] \[33\].