54CD
In forceRBI policy document
Part 5APrescribed residential building work - consumer protection
Division 3Residential building insurance provided by approved insurers
54CD RBI policy document
(1) When an approved insurer issues an authorised RBI policy, the insurer must give an RBI policy document to the residential builder who will be carrying out the prescribed residential building work covered by the policy.
(2) An RBI policy document is a document, in the form approved in writing by the Minister, that:
(a)
is evidence of an authorised RBI policy; and
(b) specifies the prescribed residential building work to which the authorised RBI policy relates.
This Act’s bill:Second reading speech
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