Strata Titles (Insurance) Regulations 1999 (TAS)

Strata Titles (Insurance) Regulations 1999

I, the Governor in and over the State of Tasmania and its Dependencies in the Commonwealth of Australia, acting with the advice of the Executive Council, make the following regulations under the Strata Titles Act 1998 .6 September 1999

G. S. M. GREEN

Governor

By His Excellency’s Command,

D. E. LLEWELLYN

Minister for Primary Industries, Water and Environment

1Short titleThese regulations may be cited as the Strata Titles (Insurance) Regulations 1999 . 2CommencementThese regulations take effect on the seventh day after the day on which their making is notified in the Gazette. 3Minimum amount for public risk insuranceFor the purposes of section 101(1) of the Strata Titles Act 1998 , the minimum amount is $5 000 000.

Displayed and numbered in accordance with the Rules Publication Act 1953.

Notified in the Gazette on 15 September 1999

These regulations are administered in the Department of Primary Industries, Water and Environment.

EXPLANATORY NOTE

(This note is not part of the regulation) These regulations prescribe $5 000 000 as the minimum amount of public risk insurance that a body corporate must maintain over common property.