What is an insurable building?
54 What is an insurable building?
In this Division—
S. 54 def. of building amended by No. 1/2010 s. 24(1)(2).
building includes any building on the plan of subdivision and—
any improvements and fixtures forming part of the building; and
any shared services; and
anything prescribed as forming part of a building—
but does not include—
carpet and temporary floor, wall and ceiling coverings; or
fixtures removable by a lessee at the end of a lease; or
anything prescribed as not forming part of a building;
S. 54 def. of shared services inserted by No. 1/2010 s. 24(3).
shared services includes any pipes or cables used to provide services including water, electricity, gas and telecommunications to the building that are shared with a person other than the owners corporation or any of its members.
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