Strata Management Act 2013 s 94
(1) Any building shall be insured for at least the reinstatement value of the building indicated by the last valuation obtained for the building. (2) For the purpose of determining the reinstatement value of the building that is required to be insured under this Part, a reinstatement valuation of the building shall be obtained from a registered valuer at least once every five years. (3) The cost of such valuation shall be paid out from the maintenance account.
Jumlah yang perlu diinsuranskan
(1) Mana-mana bangunan hendaklah diinsuranskan bagi sekurang-kurangnya nilai pemulihan bangunan itu yang ditunjukkan oleh penilaian terakhir yang diperoleh bagi bangunan itu. (2) Bagi maksud menentukan nilai pemulihan bagi bangunan yang dikehendaki untuk diinsuranskan di bawah Bahagian ini, suatu penilaian pemulihan bagi bangunan itu hendaklah diperoleh daripada seorang penilai berdaftar sekurang-kurangnya sekali setiap lima tahun. (3) Kos bagi penilaian itu hendaklah dibayar daripada akaun penyenggaraan.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).