Queensland Consolidated Regulations

BODY CORPORATE AND COMMUNITY MANAGEMENT (ACCOMMODATION MODULE) REGULATION 2020 - REG 195

195 Combined policy of insurance [SM, s 205]

(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) .