Queensland Consolidated Regulations

BODY CORPORATE AND COMMUNITY MANAGEMENT (STANDARD MODULE) REGULATION 2020 - REG 205

205 Combined policy of insurance

(1) This section applies if the body corporate—

(a) is required to put in place reinstatement insurance covering lots included in the community titles scheme; and

(b) elects under this part to put in place insurance under a voluntary insurance scheme covering other lots included in the scheme.

(2) The body corporate may arrange with an insurer a single policy of insurance for all insurance mentioned in subsection (1) .