Queensland Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BODY CORPORATE AND COMMUNITY MANAGEMENT (SMALL SCHEMES MODULE) REGULATION 2020 - REG 128

Use of insurance money paid under voluntary insurance scheme [SM, s 209]

128 Use of insurance money paid under voluntary insurance scheme [SM, s 209]

If the body corporate receives an amount of insurance money for damage to property under a voluntary insurance scheme, the amount must be paid, subject to the prior claim of a registered mortgagee, to the owner of the damaged property to which the payment relates.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback