(1) For the purposes
of paragraph (a)(iii) of the definition of insurable asset in
section 3(1), the following are included in that definition —
(a)
carpet and flooring coverings on and within common property that are not
temporary;
(b)
buildings on the parcel of a strata scheme (whether or not shown on the scheme
plan).
(2) For the purposes
of paragraph (b)(iv) of the definition of insurable asset in
section 3(1), temporary wall, floor and ceiling coverings on common
property are excluded from that definition.