Home Building Amendment (Insurance Exemptions) Regulation 2003 (NSW)
2003 No 948
New South Wales
Home Building Amendment (Insurance
Exemptions) Regulation 2003
under the
Home Building Act 1989
Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Home Building Act 1989.
JOHN DELLA BOSCA, M.L.C.,
Minister for Commerce
Explanatory note
The object of this Regulation is to amend the Home Building Regulation 1997 to:
| (a) | extend for a further 12 months (until December 2004) the period of the temporary exemption from the extension of insurance to all work done at an address specified in the building contract and insurance certificate concerned, and |
| (b) | exempt from insurance requirements under the Home Building Act 1989 residential building work carried out on multi-storey buildings and land sold by developers on which residential building work for that purpose has been or is to be done. |
This Regulation is made under the Home Building Act 1989, including section 140 (the general regulation-making power).
| Published in Gazette No 197 of 19 December 2003, page 11327 | Page 1 |
| 2003 No 948 | |
| Clause 1 | Home Building Amendment (Insurance Exemptions) Regulation 2003 |
Home Building Amendment (Insurance Exemptions)
Regulation 2003
under the
Home Building Act 1989
1 Name of Regulation
This Regulation is the Home Building Amendment (Insurance
Exemptions) Regulation 2003.
2 Commencement
This Regulation commences on 31 December 2003.
3 Amendment of Home Building Regulation 1997
The Home Building Regulation 1997 is amended as set out in
Schedule 1.
2003 No 948
Home Building Amendment (Insurance Exemptions) Regulation 2003
| Amendments | Schedule 1 |
| Schedule 1 Amendments |
(Clause 3)
[1] Clause 57BB Temporary exemption from section 92B and 93B requirements
Omit “at the end of December 2003” wherever occurring.
Insert instead “on 31 December 2004”.[2] Clause 57BC
Insert after clause 57BB:
| 57BC | Exemptions from insurance for multi-storey buildings | |||||||
|
(a)
the provisions of the contract complying with clause 66 (1) (b) (ii) and (iii) cease to have effect, and
(b)
the developer must notify the purchaser of the land in writing that they no longer have effect and of the exemption from the requirements of Part 6 of the Act in relation to the residential building work conferred by this clause.
2003 No 948
Home Building Amendment (Insurance Exemptions) Regulation 2003
| Schedule 1 | Amendments |
(5) In this clause:
multi-storey building means a building:
(a) that has a rise in storeys of more than 3, and (b) that contains 2 or more separate dwellings. rise in storeys has the same meaning as it has in the Building
Code of Australia.storey does not include a space within a building if the space
includes accommodation only intended for vehicles.
BY AUTHORITY
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