Strata Titles (Insurance) Regulations 2009
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 .
21 August 2009PETER G. UNDERWOOD
Governor
By His Excellency's Command,
D. E. LLEWELLYN
Minister for Primary Industries and Water
These regulations may be cited as the Strata Titles (Insurance) Regulations 2009 .
These regulations take effect on the seventh day after the day on which their making is notified in the Gazette.
3. Minimum amount for public risk insurance
For 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 26 August 2009
These regulations are administered in the Department of Primary Industries and Water.
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 the site for which it is responsible.