43Orders in relation to insurance

43 Orders in relation to insurance

(1)  If, on an application made on grounds referred to in section 37(1)(e) , the Appeal Tribunal is satisfied that the amount for which the body corporate has taken out insurance is unreasonable, the Appeal Tribunal may order the body corporate to increase or decrease the amount of the insurance.

(2)  If, on an application made on grounds referred to in section 37(1)(f) , the Appeal Tribunal is satisfied that an owner of a lot has taken out or maintained insurance following a breach by the body corporate of its obligation to do so, the Appeal Tribunal may order the body corporate to reimburse the owner the cost of that insurance.

(3)  If, on an application made on grounds referred to in section 37(1)(g) , the Appeal Tribunal is satisfied that the body corporate has unreasonably refused to make or pursue an insurance claim in respect of property insured by the body corporate, the Appeal Tribunal may order the body corporate to make or pursue the claim.