25DA
CurrentCorresponding cover by an approved fund for builders
25DA Corresponding cover by an approved fund for builders
(1)
Corresponding cover is provided by an approved fund in relation to residential building work performed by a builder if the person for whom the residential building work is performed, and that person’s successors in title, are in the same position that they would be if a policy of insurance that complies with this Division were in force in relation to the residential building work.
(2)
Any discretion that a person has to approve a claim on the fund is to be disregarded for the purposes of subsection (1).
[Section 25DA inserted: No. 37 of 2002 s. 13.]
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