23
In forceExisting policies
23 Existing policies
(1)
During the transition period, an insurance policy that was taken out before the commencement of this Regulation and that complied with the requirements of section 63 of the Building Professionals Act 2005 immediately before the repeal of that section is taken to satisfy the requirements of section 26(2)(a) of the Building and Development Certifiers Act 2018.
(2)
The fact that an accredited certifier becomes a registered certifier does not affect the validity of an insurance policy.
(3)
In this clause—
transition period means the period of 12 months following the commencement of this Regulation.
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