Building (Strata Management) Act 2004 s 72

s 72 Insurance by subsidiary proprietor

72.—(1) Nothing in this Part limits or affects any right of a subsidiary proprietor to effect insurance. (2) Insurance effected by a subsidiary proprietor does not affect, and must not be taken into consideration in determining, the amount payable to a management corporation under a contract of insurance entered into between it and an insurer under this Part, despite anything in that contract of insurance.

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