Victorian Numbered Acts

OWNERS CORPORATIONS ACT 2006 (NO 69 OF 2006) - SECT 217

        For section 9AAA of the Sale of Land Act 1962 substitute —

        "9AAA.     Insurance

If an owners corporation for a plan of subdivision will be required by the Owners Corporations Act 2006 to effect insurance after the plan is registered, the vendor must effect insurance in accordance with that Act as if the vendor were the owners corporation, until—

        (a)     if the owners corporation meets within 6 months after the plan is registered, the end of one month after its first meeting; and

        (b)     in any other case, the end of 6 months after the plan is registered.".