Reinstatement with Tribunal approval
59 Reinstatement with Tribunal approval
(1) Any of the following may apply to the Tribunal for the approval of a reinstatement process for damaged scheme land:
(a) the body corporate of a scheme, or of a subsidiary scheme, whose scheme land is or includes the damaged scheme land;
(b) a unit owner or mortgagee of any of the schemes mentioned in paragraph
.
(2) The application must specify the reinstatement process in the approved form.
(3) The following are the respondents for the application:
(a) each insurer of the scheme land;
(b) the body corporate of each of the schemes.
(4) The
Tribunal must:
(a) approve the application by:
(i) approving the specified reinstatement process; or
(ii) approving the specified reinstatement process with changes made by the
Tribunal; or
(b) refuse the application.
(5) In approving the reinstatement process, the Tribunal may make any order reasonably required for its effective implementation, including, for
example, an order for:
(a) the application of an amount paid under a body corporate policy; or
(b) the payment of an amount to a body corporate, unit owner or mortgagee; or
(c) the lodging of a subsequent scheme statement to reflect the reinstatement.
(6) If the Tribunal orders the lodging of a subsequent scheme statement, the body corporate must comply with the order.
Fault element: Strict liability offence.
Maximum penalty: 100 penalty units.
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